Orrick Advises on Millicom International Cellular’s Tender Offer and SEK-denominated Notes

April.21.2016

Orrick represented Millicom International Cellular S.A., a provider of mobile communication and mobile financial services to cable television and entertainment, in tender offers for existing SEK-denominated notes and a new issuance of SEK 2,000,000,000 STIBOR + 3.3% floating rate bonds due in 2019. The first tender offer and issuance of the notes settled on April 21, 2016 and the second tender offer settled on May 2, 2016. Millicom repurchased an aggregate amount of SEK 1,684,000,000 of its outstanding bonds in the two tender offers. The Orrick team was led by Nell Scott and included Sushila Nayak and Alexandra Cambouris.