Share this article
Share this article
KINGSTON, Jamaica, Dec. 18, 2020 /PRNewswire/ Digicel Group Holdings Limited, formerly known as Digicel Group 0.5 Limited ( Digicel, the Company , we or us ), today announced the expiration and final results of its previously announced cash tender offer (the Offer ) to spend up to $10.0 million to purchase its 7.00% PIK Perpetual Convertible Notes (the Notes ). The Offer expired at 11:59 p.m., New York City time, on December 17, 2020 (the Expiration Date ). The Offer was made pursuant to the Offer to Purchase dated November 19, 2020 (the Offer to Purchase ), as amended by a press release dated December 4, 2020 (the Press Release ).
Pursuant to the terms of the modified Dutch Auction procedure as described in the Offer to Purchase, the Clearing Price is set at $240 per $1,000 principal amount of Notes (the Total Consideration ). As previously announced in the Press Release, the Company amended the terms of the Offer such that any
i promise you that. the democrats were doing this for 2016 they d raise the minimum wage to $25 an hour. let s no way anybody, a family of four or one individual can support themselves off of $15,000 a year. the problem is they re not doing it. hold on. i want to let john respond. they re not doing it. that s fabrication. look they do want to raise it for the 2016 election. if they didn t they d fix the minimum wage. there is bipartisanship to tie this. democrats don t want it but want to be reelected. but the let me finish. the unions don t want it as a recruiting tool. this is politics. i want to get back to the politics. jonas, do you agree any minimum wage above a marking clearing price, basically, will cause unemployment but that s not the end of the story. yeah. just from a purely economics