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Millicom announces expiration of consent solicitations

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Millicom International Cellular S.A. announced the expiration of its previously announced consent solicitation from holders of its senior notes due in 2026, 2028, 2029, 2031, and 2032. The company sought to amend certain provisions of the indentures governing these notes. However, Millicom stated that the Proposed Amendments will not be made. This announcement does not constitute an offer to sell or issue securities, nor a solicitation to buy or subscribe for securities in any jurisdiction. The consent solicitation was directed at holders of record as of August 2, 2024.

Millicom International Cellular S.A. ha annunciato la scadenza della propria precedente richiesta di consenso ai detentori dei suoi titoli senior in scadenza nel 2026, 2028, 2029, 2031 e 2032. L'azienda ha cercato di modificare alcune disposizioni dei contratti che regolano questi titoli. Tuttavia, Millicom ha dichiarato che le modifiche proposte non saranno effettuate. Questo annuncio non costituisce un'offerta di vendita o emissione di titoli, né una sollecitazione all'acquisto o alla sottoscrizione di titoli in alcuna giurisdizione. La richiesta di consenso era rivolta ai detentori registrati al 2 agosto 2024.

Millicom International Cellular S.A. anunció la expiración de su solicitud de consentimiento previamente anunciada a los tenedores de sus notas senior que vencen en 2026, 2028, 2029, 2031 y 2032. La compañía buscó enmendar ciertas disposiciones de los contratos que rigen estas notas. Sin embargo, Millicom afirmó que las enmiendas propuestas no se llevarán a cabo. Este anuncio no constituye una oferta para vender o emitir valores, ni una solicitud para comprar o suscribir valores en ninguna jurisdicción. La solicitud de consentimiento se dirigió a los tenedores registrados a partir del 2 de agosto de 2024.

밀리콤 인터내셔널 셀룰러 S.A.2026, 2028, 2029, 2031 및 2032에 만기되는 선순위 채권 보유자를 대상으로 한 이전에 발표된 동의 요청의 만료를 발표했습니다. 회사는 이러한 채권을 규율하는 계약의 특정 조항을 수정하려고 했습니다. 그러나 밀리콤은 제안된 수정 사항이 이루어지지 않을 것이라고 밝혔습니다. 이 발표는 어떤 관할권에서의 유가증권 판매나 발행 제안, 또한 유가증권 구매 또는 구독 요청을 구성하지 않습니다. 동의 요청은 2024년 8월 2일 기준의 등록된 보유자를 대상으로 했습니다.

Millicom International Cellular S.A. a annoncé l'expiration de sa demande de consentement précédemment annoncée auprès des détenteurs de ses obligations seniors arrivant à échéance en 2026, 2028, 2029, 2031 et 2032. L'entreprise cherchait à modifier certaines dispositions des contrats régissant ces obligations. Cependant, Millicom a déclaré que les modifications proposées ne seront pas effectuées. Cet avis ne constitue pas une offre de vente ou d'émission de titres, ni une sollicitation à acheter ou à souscrire des titres dans quelconque juridiction. La demande de consentement était destinée aux détenteurs enregistrés à partir du 2 août 2024.

Millicom International Cellular S.A. kündigte das Ablaufen seiner zuvor angekündigten Einwilligungsanfrage an die Inhaber seiner vorrangigen Anleihen, die im 2026, 2028, 2029, 2031 und 2032 fällig sind, an. Das Unternehmen hatte versucht, bestimmte Bestimmungen der Schuldverschreibungen zu ändern, die diese Anleihen regeln. Millicom erklärte jedoch, dass die vorgeschlagenen Änderungen nicht umgesetzt werden. Diese Ankündigung stellt kein Angebot zum Verkauf oder zur Ausgabe von Wertpapieren dar, noch ist es eine Aufforderung zum Kauf oder zur Zeichnung von Wertpapieren in irgendeiner Jurisdiktion. Die Einwilligungsanfrage richtete sich an die zum 2. August 2024 eingetragenen Inhaber.

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Millicom announces expiration of consent solicitations

Luxembourg, August 23, 2024 – Millicom International Cellular S.A. (“Millicom”) today announced the expiration of its previously announced solicitation of consents from the holders of record on August 2, 2024 of its 6.625% Senior Notes due 2026, 5.125% Senior Notes due 2028, 6.250% Senior Notes due 2029, 4.500% Senior Notes due 2031 and 7.375% Senior Notes due 2032 (collectively, the “Notes”) to amend certain provisions of the indentures governing the Notes (the “Proposed Amendments”), and that the Proposed Amendments will not be made.

This announcement does not constitute an offer to sell or issue, or the solicitation of an offer to buy or subscribe for, securities (including the Notes) in any jurisdiction.

-END-

For further information, please contact

Press:
Sofía Corral, Director Corporate Communications
press@millicom.com
Investors:
Michel Morin, VP Investor Relations
investors@millicom.com

About Millicom

Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO® and Tigo Business® brands, we provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of June 30, 2024, Millicom, including its Honduras Joint Venture, employed approximately 15,000 people, and provided mobile and fiber-cable services through its digital highways to more than 45 million customers, with a fiber-cable footprint of about 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.


FAQ

What was the outcome of Millicom's (TIGO) consent solicitation for its senior notes?

Millicom announced that the consent solicitation for its senior notes has expired, and the Proposed Amendments to the indentures will not be made.

Which Millicom (TIGO) senior notes were involved in the consent solicitation?

The consent solicitation involved Millicom's 6.625% Senior Notes due 2026, 5.125% Senior Notes due 2028, 6.250% Senior Notes due 2029, 4.500% Senior Notes due 2031, and 7.375% Senior Notes due 2032.

When was the record date for Millicom's (TIGO) consent solicitation?

The record date for Millicom's consent solicitation was August 2, 2024.

Does Millicom's (TIGO) announcement constitute an offer to sell or buy securities?

No, Millicom explicitly stated that this announcement does not constitute an offer to sell or issue, or the solicitation of an offer to buy or subscribe for, securities in any jurisdiction.

Millicom International Cellular S.A.

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