Wednesday August 5, 2020

Out of Office

24th November, 2019

Telecoms group Digicel, owned by tycoon Denis O’Brien, will have to restructure its €6.3 billion debt pile over the next 18 months as it faces an “imminent refinancing risk” according to ratings agency Fitch.

On Wednesday, Fitch lowered its rating on the company to CC, plunging Digicel’s creditworthiness deeper into ‘junk’ status and implying the ratings agency believed a “default of some kind appears probable” at Digicel....

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

The number of people trialling digital streaming and video on demand has risen; the age of the average viewer has also gone up

Elaine O'Regan | 3 days ago

Actor Amy Huberman to front Design & Crafts Council’s #MadeLocal initiative in radio ads to help boost sales for craft makers and retailers

Elaine O'Regan | 3 days ago

Online digital programmatic advertising misses the mark so widely that it has effectively become a ‘spray and pray’ strategy

Willie O'Reilly | 3 days ago