D-day for Denis

The clock is ticking for Denis O’Brien’s Digicel, as it waits to discover whether its bondholders will give it two more years of breathing space

At one minute to midnight this Friday, Denis O’Brien will discover the fate of Digicel, the Caribbean-focused mobile phone company he set up almost two decades ago. It is not an exaggeration to call this the biggest moment in the company’s relatively short life, even bigger than its failed stock market listing three years ago.

By 11.59pm New York time on Friday night, O’Brien will need the consent of a majority of the ...