Last updated on April 16, 2014 at 21:24 EDT

Digicel Group Limited Announces Early Tender Results Of Its Tender Offer For Any And All Of Its 9 1/8% / 9 7/8% Senior Toggle Notes Due 2015 And Its 8 7/8% Senior Notes Due 2015

September 19, 2012

KINGSTON, Jamaica, Sept. 19, 2012 /PRNewswire/ — Digicel Group Limited today announced that it has received and accepted for purchase approximately $340.5 million aggregate principal amount, or 82%, of its outstanding 9(1)/8% / 9(7)/8% Senior Toggle Notes due 2015 and approximately $909.8 million aggregate principal amount, or 91%, of its outstanding 8(7)/8% Senior Notes due 2015 (together, the “Notes”) validly tendered by 5:00 p.m., New York City time, on September 18(th), 2012 and expects to pay for tendered Notes on September 19, 2012.

The Company has retained Citigroup Global Markets Inc. to serve as the dealer manager for the tender offer. Questions regarding the tender offer may be directed to Citigroup Global Markets Inc. at Attn: Liability Management Group, (800) 558-3745 (toll-free), (212) 723-6106 (collect). Requests for documents may be directed to Global Bondholder Services Corporation, the information agent for the tender offer, at (212) 430-3774 (collect) or at (866) 873-5600 (toll-free).

This press release is for informational purposes only and is not an offer to purchase, a solicitation of an offer to purchase or sell the Notes or any other securities, nor shall there be any purchase of our Notes in any state or jurisdiction in which such offer, solicitation or purchase would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The tender offer is being made solely pursuant to the offer to purchase, as supplemented and the related letter of transmittal, which set forth the complete terms of the tender offer.

Forward Looking Statements

This press release contains forward-looking statements. Actual results may differ materially from those reflected in the forward-looking statements. We undertake no obligation to release publicly the result of any revisions to these forward-looking statements which may be made to reflect events of circumstances after the date hereof, including, without limitation, changes in our business or acquisition strategy or planned capital expenditures, or to reflect the occurrence of unanticipated events.


After 11 years of operation, Digicel has 13.0 million customers across its 30 markets in the Caribbean, Central America and the Pacific. The Company is renowned for delivering best value, best service and best network.

Digicel is the lead sponsor of Caribbean, Central American and Pacific sports teams, including the Special Olympics teams throughout these regions. Digicel sponsors the West Indies cricket team and is also the title sponsor of the Digicel Caribbean Cup. In the Pacific, Digicel is the proud sponsor of several national rugby teams and also sponsors the Vanuatu cricket team.

Digicel also runs a host of community-based initiatives across its markets and has set up Digicel Foundations in Jamaica, Haiti and Papua New Guinea which focus on educational, cultural and social development programmes.

Digicel is incorporated in Bermuda and its markets comprise: Anguilla, Antigua & Barbuda, Aruba, Barbados, Bermuda, Bonaire, the British Virgin Islands, the Cayman Islands, Curacao, Dominica, El Salvador, Fiji, French Guiana, Grenada, Guadeloupe, Guyana, Haiti, Jamaica, Martinique, Nauru, Panama, Papua New Guinea, Samoa, St Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, Suriname, Tonga, Trinidad & Tobago, Turks & Caicos and Vanuatu. Digicel also has coverage in St. Martin and St. Barts in the Caribbean.

Visit www.digicelgroup.com for more information.

SOURCE Digicel Group Limited

Source: PR Newswire