Fitch: €6.5bn Digicel debt pile a concern

Refinancing a boost for O’Brien’s Caribbean telecoms firm as it is still ‘highly leveraged’

Ian Kehoe - avatar

Ian Kehoe

14th May, 2017
Fitch: €6.5bn Digicel debt pile a concern
Denis O'Brien

The influential credit ratings agency Fitch expects Denis O’Brien’s telecoms firm Digicel to grow at low single digits in the short to medium term, and has again expressed its concern about the company’s $6.5 billion debt pile and its exposure to currency fluctuations.

In an interview with The Sunday Business Post, Alvin Kim, Fitch’s primary analyst on Digicel, said growth at the Caribbean telecoms firm would not be “materially high”...

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