Tigo Paraguay issues 10-year bond
Stockholm, December 7, 2012 – Millicom International Cellular S.A. (“Millicom”) (Stockholmsbörsen: MIC) announces today that its subsidiary in Paraguay (“Tigo Paraguay”) has successfully issued a USD-denominated bond.
Tigo Paraguay has successfully completed the issuance of a 10-year USD300 million bond with a fixed coupon of 6.75%. The issuance was done at par and more than 12 times oversubscribed. The bond will be listed in Luxembourg.
Tigo Paraguay intends to use the proceeds for general corporate purposes, including financing investments in cable and mobile infrastructure. Paraguay is Millicom’s leading market for innovative products and services.
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For further information, please visit www.millicom.com or contact:
President and Chief Executive Officer
Hans-Holger Albrecht
Tel: +46 8 562 000 12
Investor Inquiries:
Justine Dimovic
Tel: +352 27 759 479
investors@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.
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