LUXEMBOURG, Jan 30, 2017 /PRNewswire/ --
The successful syndication, which targeted new banks as well as existing relationship banks, resulted in an oversubscription, with the Company opting to close the Facility at $600,000,000.
This Facility will be used to refinance the Company's existing dual-tranche $500,000,000 revolving credit facility dated 4 June 2014 and for general corporate purposes.
BGL BNP Paribas, Citi, DNB and Scotiabank acted as Coordinators and Bookrunning Mandated Lead Arrangers. Furthermore, Bank of China, Goldman Sachs and JP Morgan joined as Mandated Lead Arrangers, together with Barclays, BBVA, ICBC, and Nordea joining as Lead Arrangers. Standard Bank and Standard Chartered joined the Facility as Arrangers.
For further information please visit: www.millicom.com or contact:
David Boyd, Interim Investor Relations Director
Tel: +44 20 3249 2413 / firstname.lastname@example.org
Mauricio Pinzon, Investor Relations Manager
Tel: +44 20 3249 2460 / email@example.com
Vivian Kobeh, Corporate Communications Director
Tel: +352 277 59084 / mobile +1 305 3022858
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Millicom announces $600 million revolving credit facility
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SOURCE Millicom International Cellular