Millicom International Cellular S.A. Prices Reopening of $75 Million of 7.375% Senior Notes Due 2032

2026-04-02SEC Filing 6-K (0000950103-26-005289)

Millicom International Cellular S.A. has announced the successful pricing of $75 million in aggregate principal amount of its 7.375% Senior Notes due 2032. These notes were issued through a Regulation S only tap private placement to an investor that is not a "U.S. Person" at a price of 100.985% of par value, plus accrued interest. The Additional Notes are a reopening of the original notes issued on April 2, 2024, and will be fungible with the Initial Notes after a 40-day distribution compliance period. Currently, $450 million of these notes are outstanding. The issuance is expected to close on April 14, 2026, with proceeds intended for general corporate purposes, including capital expenditures and potential mergers and acquisitions. The notes will mature on April 2, 2032, with semi-annual interest payments. An application will be made to list the Additional Notes on the Official List of the Luxembourg Stock Exchange and trade on the Euro MTF market. The company also included standard legal disclaimers regarding the offer and sale of these securities, particularly concerning U.S. persons, EEA retail investors, and UK retail investors, emphasizing that the notes are not registered under the U.S. Securities Act and are intended for qualified investors.

Ticker mentioned:TIGO