Telemovil Finance to redeem 8% notes due 2017 at 104 on April 20

By Tali Rackner

Norfolk, Va., March 17 – Telemovil Finance Co. Ltd. will redeem its 8% senior notes due 2017 at 104 plus accrued interest on April 20, according to an announcement from parent company Millicom International Cellular SA.

As previously reported, funding for the redemption will come from a new offering of notes by Millicom.

Millicom is a Stockholm-based telecommunications and media company focused on emerging markets in Latin America and Africa.

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