Restructuring of Digicel debt has not gone far enough, says ratings agency
Denis O’Brien’s Caribbean mobile phone company Digicel should consider fresh cash injections or it will face higher refinance costs when it looks to roll its massive $7 billion debt in under two years
Denis O’Brien’s Caribbean mobile phone company Digicel should consider fresh cash injections or it will face higher refinance costs when it looks to roll its massive $7 billion debt in under two years.
Analysts at the credit ratings agency Fitch said last week that the restructuring O’Brien carried out on the company’s debt, which extends the repayment dates by two years, has not gone far enough as it did not involve actually bringing ...
