Digicel Limited Announces The Expiration Of Its Tender Offer For Any And All Of Its 8.250% Senior Notes Due 2017

Digicel Limited Announces The Expiration Of Its Tender Offer For Any And All Of Its 8.250% Senior Notes Due 2017

HAMILTON, Bermuda, March 3, 2015 /PRNewswire/ -- Digicel Limited ("Digicel") today announced that its previously announced cash tender offer to purchase any and all of the outstanding aggregate principal amount of its 8.250% Senior Secured Notes due 2017 (the "Notes") expired at 5:00 p.m., New York City time, on Monday, March 2, 2015 (the "Expiration Time"). As of the Expiration Time, $663,776,000 aggregate principal amount of the outstanding Notes (approximately 83%) were validly tendered. Digicel has accepted for purchase all such Notes validly tendered as of the Expiration Time, and expects to pay for these Notes on March 3, 2015.

Pursuant to the terms of the tender offer, Notes not tendered in the tender offer will remain outstanding. The Company will deliver a redemption notice for any all outstanding Notes pursuant to the terms of the indenture governing the Notes, and all remaining outstanding Notes will be redeemed on April 2, 2015.

About Digicel

Digicel Group is a total communications and entertainment provider with operations in 33 markets in the Caribbean, Central America and Asia Pacific. After almost 14 years of operation, total investment to date stands at over US$5 billion worldwide and our 14 million customers across the globe trust Digicel with their communication and entertainment needs.

Digicel's high speed mobile networks allow its customers to enjoy the best mobile experience, whether that's talk, text, web, video or music. When it comes to cutting edge communication and business solutions, Digicel Business is the trusted partner of corporates, governments and enterprises alike. These solutions deliver to the ability to reduce operating costs, create greater efficiency and deliver improved business performance for Digicel's customers across the world.

Digicel is now transforming the cable TV, broadband and fixed services landscape in its markets by offering the highest quality services and content. The company currently offers TV services in eight of its markets and Digicel SportsMax, the Caribbean sports channel of choice, gives Digicel a unique content offering.

Digicel is the lead sponsor of Caribbean, Central American and Pacific sports teams, including the Special Olympics teams throughout these regions. Digicel sponsors the West Indies cricket team and is also the presenting partner of the Caribbean Premier League. In the Pacific, Digicel is the proud sponsor of several national rugby teams and also sponsors the Vanuatu cricket team. Digicel also runs a host of community-based initiatives across its markets and has set up Digicel Foundations in Haiti, Jamaica, Papua New Guinea and Trinidad and Tobago which focus on educational, cultural and social development programmes.

SOURCE Digicel Limited

Digicel Limited

CONTACT: Gillian Power, T: +1 876 470 8601 (Jamaica)


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