Orrick advised Millicom on $500 million bond issuance
Orrick acted for Millicom, the telecom and digital media company, on a $500 million, 10-year, 5.125% bond issuance.
Millicom is headquartered in Luxembourg and, under the Tigo brand, it provides cable and mobile services through emerging markets in Latin America and Africa.
The bonds were issued under Rule 144A/Regulation S, the transaction included a $600 million tender and redemption of its existing 6.625% bonds.
Partners Nell Scott and Sushila Nayak led the Orrick team advising Millicom. Both partners are based in London and the team included other lawyers in Houston.