Digicel $3bn debt exchange deemed distressed

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Digicel $3bn debt exchange deemed distressed

Oliver West
September 05, 2018 04:00 AM
Denis O'Brien, Digicel, LatAm, Caribbean, Jamaica, telecoms
Digicel Founder Denis O'Brien pictured before Former US president Bill Clinton receives an honorary doctorate from Dublin City University in Dublin. PRESS ASSOCIATION Photo. Picture date: Tuesday October 17, 2017. See PA story IRISH Clinton. Photo credit should read: Niall Carson/PA Wire | Niall Carson/PA Archive/PA Images

Jamaica telecoms group Digicel saw its bonds slump after markets reopened on Tuesday as agencies slashed its credit ratings on the back of a bond exchange aimed at giving the issuer more time to deleverage.

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CaribbeanAmericasLatAm BondsEmerging MarketsLatAmLatin America
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Oliver West
US Bureau Chief - Latin America Editor
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