Millicom issues Swedish Krona bond
Stockholm, October 23, 2012 – Millicom International Cellular S.A. (“Millicom”) (Stockholmsbörsen: MIC) today announces the placing of a 5-year bond in the Swedish bond market.
Millicom has successfully completed the issuance in the Swedish bond market of a 5 year SEK2 billion bond, of which SEK1.75 billion has a floating rate coupon of 3 months STIBOR +3.50% and SEK0.25 billion has a fixed coupon of 5.125%.
Nordea Markets and SEB acted respectively as Joint Bookrunner and Coordinator and Joint Bookrunner; DNB Markets acted as Lead Manager.
Millicom intends to use approximately EUR85 million (SEK730 million) of the proceeds of the issued note to finance the investment in two subsidiaries of Rocket Internet: Latin America Internet Holdings (LIH) and Africa Internet Holdings (AIH). The remainder will be kept on the balance sheet for general corporate purposes.
Contacts
Chief Financial Officer
François-Xavier Roger
Tel: +352 27 759 327
Investor Relations
Justine Dimovic
Tel: +352 27 759 479
Visit our web site at www.millicom.com
About Millicom
Millicom International Cellular S.A. is a global telecommunications group with mobile telephony operations in 13 countries in Latin America and Africa. It also operates various combinations of fixed telephony, cable and broadband businesses in six countries in Latin America and online and e-commerce services in a number of countries in Latin America and Africa. The Group’s mobile operations have a combined population under license of approximately 273 million people.
This press release may contain certain “forward-looking statements” with respect to Millicom’s expectations and plans, strategy, management’s objectives, future performance, costs, revenues, earnings and other trend information. It is important to note that Millicom’s actual results in the future could differ materially from those anticipated in forward-looking statements depending on various important factors. Please refer to the documents that Millicom has filed with the U.S. Securities and Exchange Commission under the U.S. Securities Exchange Act of 1934, as amended, including Millicom’s most recent annual report on Form 20-F, for a discussion of certain of these factors.
All forward-looking statements in this press release are based on information available to Millicom on the date hereof. All written or oral forward-looking statements attributable to Millicom International Cellular S.A., and Millicom International Cellular S.A. employees or representatives acting on Millicom’s behalf are expressly qualified in their entirety by the factors referred to above. Millicom does not intend to update these forward-looking statements.