Millicom $500 million notes offering

Davis Polk & Wardwell and Latham & Watkins advised on the deal

Millicom International Cellular S.A. (Stockholmsbörsen: MIC) executed its $500 million 6.625% senior notes due 2026.

Millicom used the net proceeds of the Notes to finance, in part, the acquisition of Cable Onda S.A.

BNP Paribas, Goldman Sachs, J.P. Morgan and Scotiabank acted as initial purchasers on the offering.

Millicom International Cellular S.A. is a dedicated emerging markets telecom provider with mobile operations in numerous countries in Central America, South America and Africa. The company, led by Mauricio Ramos, Tim Lincoln Pennington and Xavier Rocoplan, recorded $3.88 Billion Revenues.

Davis Polk & Wardwell advised Millicom International Cellular S.A. with a team including John B. Meade (Picture) Nick Benham, Alon Gurfinkel, Paula Querol, Roderick G. Miller, Jenny J. Choi, Veronica Davis and Patrick Ryan.

Latham & Watkins advised BNP Paribas, Goldman Sachs, J.P. Morgan and Scotiabank with Scott Colwell, Matthew Friedman, Taylor Mullings, Marc Galeotti and Aishwarya Nair.

Involved fees earner: John Meade – Davis Polk & Wardwell; Nick Benham – Davis Polk & Wardwell; Paula Querol – Davis Polk & Wardwell; Roderick Miller – Davis Polk & Wardwell; Jenny Choi – Davis Polk & Wardwell; Patrick Ryan – Davis Polk & Wardwell; Alon Gurfinkel – Davis Polk & Wardwell; Veronica Wissel – Davis Polk & Wardwell; Scott Colwell – Latham & Watkins; Matthew Friedman – Latham & Watkins; Taylor Mullings – Latham & Watkins; Marc Galeotti – Latham & Watkins; Aishwarya Nair – Latham & Watkins;

Law Firms: Davis Polk & Wardwell; Latham & Watkins;

Clients: BNP Paribas; Goldman, Sachs & Co.; JP Morgan; Scotiabank; Millicom International Cellular S.A.;