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BELLEVUE, WA / ACCESSWIRE / June 4, 2021 / Trilogy International Partners Inc. ( TIP Inc. or the Company ), an international wireless and fixed broadband telecommunications operator, today announced the expiration and final results for the previously announced offer by its indirect subsidiaries, Trilogy International South Pacific LLC ( TISP ) and TISP Finance, Inc. ( TISP Finance and together with TISP, the Issuers ), to exchange (the Exchange Offer ) any and all of the outstanding $350,000,000 aggregate principal amount of 8.875% Senior Notes due 2021 (the Existing Notes ) of Trilogy International Partners LLC ( Trilogy LLC ) and Trilogy International Finance Inc. ( Finco and together with Trilogy LLC, the Existing Notes Issuers ) for newly issued 8.875% Senior Secured Notes due 2023 of the Issuers (the New Notes ) and the related solicitation of consents by the Existing Notes Issuers (the Consent Solicitation ) to certain proposed amendments (the Proposed Amendment
Trilogy International Partners Inc. Announces Receipt of Consents Required to Extend the Maturity of its Debt to May 2023
ACCESSWIRE
21 May 2021, 21:43 GMT+10
BELLEVUE, WA / ACCESSWIRE / May 21, 2021 / Trilogy International Partners Inc. ( TIP Inc. or the Company ), an international wireless and fixed broadband telecommunications operator, today announced that, as reported by Ipreo LLC, the information agent for the Exchange Offer and the Consent Solicitation (as such terms are defined below), the aggregate principal amount of the Existing Notes (as defined below) that were validly tendered and not validly withdrawn as of the early tender date of 5:00 p.m., New York City time, on May 19, 2021 was $346,084,000, or 98.88% of the outstanding aggregate principal amount of Existing Notes. Pursuant to the terms of the Exchange Offer and Consent Solicitation the withdrawal deadline has passed and, accordingly, Existing Notes validly tendered in the Exchange Offer may no longer be withd
Trilogy International Partners Inc Announces Receipt of Consents Required to Extend the Maturity of its Debt to May 2023 newjerseytelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newjerseytelegraph.com Daily Mail and Mail on Sunday newspapers.
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May 14, 2021 9:15 PM UTC
BELLEVUE, WA / ACCESSWIRE / May 14, 2021 / Trilogy International Partners Inc. (TSX:TRL) (the Corporation or TIP Inc. ) an international wireless and fixed broadband telecommunications operator, is pleased to announce the results from its Annual General and Special Meeting of Shareholders (the Meeting ) held on May 14, 2021.
By resolution passed by ballot vote, all of the seven nominees proposed by management for election to the Board of Directors at the Meeting and listed in the Corporation s Management Information Circular dated March 31, 2021, were elected. The Directors will remain in office until the next annual meeting of shareholders, or until their successors are elected or appointed.
Trilogy International Partners Inc. Reports First Quarter 2021 Results
Expansion of New Zealand postpaid mobile base driven by B2B; B2B mobile customers
increased by 20% compared to the first quarter of 2020.
New Zealand Segment Adjusted EBITDA increased $4.2 million, or 15%, over the first quarter of last year on an organic basis, which excludes the impact of the new revenue standard, a year-over-year headwind of 2%, and a foreign currency exchange benefit of 13%. New Zealand Segment Adjusted EBITDA, as reported, increased by $6.8 million, or 26%, over the first quarter of last year.
Bolivian customer acquisition and revenues continue to be under pressure; however, effective cost management resulted in sequential growth of Segment Adjusted EBITDA.