Millicom announces expiration of successful exchange offer and consent solicitation for 13-1/2% senior subordinated note
MILLICOM INTERNATIONAL CELLULAR S.A. FOR IMMEDIATE RELEASE May 5, 2003 MILLICOM ANNOUNCES EXPIRATION OF SUCCESSFUL EXCHANGE OFFER AND CONSENT SOLICITATION FOR 13-1/2% SENIOR SUBORDINATED NOTES DUE 2006 New York, London and Luxembourg - May 5, 2003 - Millicom International Cellular S.A. ("Millicom") (Nasdaq: MICC), the global telecommunications investor, today announces that as of 5 p.m. EST time on May 2, 2003, approximately $781 million or 85% of the outstanding amount of Millicom's 13-1/2% Senior Subordinated Discount Notes due 2006, or the "Old Notes", had been tendered in Millicom's