Leave it to Mr O’Brien – for now

Leave it to Mr O’Brien – for now

Denis O’Brien has earned himself some breathing space for Digicel, but it still has far too much debt on its books

In a way, you have to acknowledge the negotiating tactics of Denis O’Brien. Most people, if they were backed into a corner attempting to restructure the billions of dollars of debt run up by Digicel and squaring off against some of the biggest investment funds in the world (all the while keeping an eye on events at Independent News & Media), would capitulate. Instead, O’Brien has held his ground and is still fighting hard.

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