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Millicom (Tigo) subsidiary Telefónica Celular del Paraguay S.A.E. announces its intent to partially redeem Senior Notes due 2027
TelefónicaTelefónica(US:TEF) GlobeNewswire News Room·2024-09-13 17:30

Group 1 - Millicom's subsidiary Telefónica Celular del Paraguay S.A.E. plans to redeem $150 million of its 5.875% Senior Unsecured Notes due 2027 on September 23, 2024 [1] - The redemption price will be 100% of the principal amount plus accrued and unpaid interest [1] - A notice of redemption will be sent to the holders of the Notes as per the indenture requirements [1] Group 2 - Millicom is a leading provider of fixed and mobile telecommunications services in Latin America, employing approximately 15,000 people and serving over 45 million customers [3] - The company offers a variety of digital services, including mobile financial services, local entertainment, pay TV, and business solutions [3] - Telefónica Celular del Paraguay S.A.E. is a wholly-owned subsidiary of Millicom, employing around 3,100 people and providing mobile telephony, cable, and broadband internet services in Paraguay [4]