2014

Digicel Group Limited Announces Pricing Of Private Placement Of Senior Notes Due 2020

KINGSTON, Jamaica, Dec. 11, 2013 /PRNewswire/ -- Digicel Group Limited ("Digicel") today announced that it has priced its private placement of US$500 million of 8.25% senior notes due 2020. Digicel previously issued US$1.5 billion of its 8.25% senior notes due 2020 on September 19, 2012.  The notes sold in the offering will be issued at a price to the public of 103% plus accrued interest from September 30, 2013. Digicel Group Limited is a limited liability exempted company organized under the laws of Bermuda and owned by Mr. Denis O'Brien.

Digicel intends to use the net proceeds from this offering for general corporate purposes, which could include capital expenditures, investments, acquisitions or debt repayment.

The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

SOURCE Digicel Group Limited



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