|[April 15, 2014]
Millicom International Cellular: Completion of a Partial Tender Offer on a Bond
STOCKHOLM --(Business Wire)--
Millicom International Cellular (News - Alert) (NASDAQ:MICC) (STO:MIC)
Millicom, the international telecommunications and media company
(Stockholmsbörsen: MIC), today announces that it has completed a partial
tender offer on the 2017 bond issued by its subsidiary in El Salvador.
The company has successfully completed a partial cash tender offer
(USD139m of aggregate principal out of a principal amount outstanding of
USD450m) of the 2017 bond issued by Telemovil Finance Co Ltd in October
2010. The transactio is aimed at improving the balance sheet efficiency.
Millicom is a leading international telecommunications and media company
dedicated to emerging markets in Latin America and Africa. Millicom sets
the pace when it comes to providing digital lifestyle services to the
world's emerging markets, giving access to the world, primarily through
mobile devices. Operating in 15 countries, Millicom offers innovative
and customer-centric products. Millicom employs more than 10,000 people
and provides mobile, cable, broadband, TV content, online and financial
services to over 50 million customers. Founded in 1990, Millicom is
headquartered in Luxembourg and listed on NASDAQ OMX Stockholm under the
symbol MIC. In 2013 Millicom generated revenue of $5.16 billion and
EBITDA of $1.9 billion.
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