Digicel bonds hit record low following more bad tidings

The price of some of Denis O’Brien’s Digicel’s riskiest bonds slumped to a record low last week as fresh fears grew about the mobile phone company’s debt levels.

The price of bonds issued by Digicel at the beginning of this year to investors as part of a plan to ease its borrowing concerns fell below 10 cents on the dollar last week. The bonds were issued at 45 cents in January as part ...