Digicel finally wraps exchange but Fitch warns on governance

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Digicel finally wraps exchange but Fitch warns on governance

Denis O'Brien, Digicel, LatAm, Caribbean, Jamaica, telecoms

Caribbean telecoms group Digicel has finally wrapped up a distressed debt exchange to avoid a potential default next year, after extended negotiations with bondholders. But Fitch warned on Monday that the move has 'undermined' the group’s position with creditors.

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