Millicom Subsidiary Redeems Senior Notes Early

Millicom International Cellular SA (TIGO) has released an update.

Millicom’s subsidiary Telefónica Celular del Paraguay S.A.E. has announced plans to partially redeem $150 million of its 5.875% Senior Unsecured Notes due in 2027. The redemption is scheduled for September 23, 2024, and will be carried out at the full principal amount plus accrued interest. This strategic financial move is part of Millicom’s broader services in Latin America, where it operates under the TIGO brand and offers a range of digital and telecommunication services.

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