Tuesday, January 30, 2024

Digicel's debt restructuring is completed: O'Brien ceases to be majority shareholder and a new phase begins for the operator

The operator was able to reduce its debt stock by US$ 1.7 billion and reduced its annual interest payments by US$ 120 million. It is present in 25 markets in the region and has some 10 million customers. Its founder, Denis O'Brien, will retain 10% of the shares.

Digicel, the operator with a presence in 25 markets in Latin America and the Caribbean and around 10 million customers, has completed its debt restructuring process.

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