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Published on 1/5/2004 in the Prospect News High Yield Daily.

Millicom retires 11%, 13½% notes

New York, Jan. 5 - Millicom International Cellular SA said it retired its remaining 13½% senior subordinated notes due 2006 and 11% senior notes due 2006 by the end of 2003.

The Bertrange, Luxembourg, telecommunications investor repaid the remaining $137 million of the 13½% notes on Dec. 29.

It repaid the $395 million 11% notes in early December as part of tender offer and redemption.


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