Fitch affirms Digicel Group

Fitch said it affirmed the ratings of Digicel Group Ltd. and its subsidiaries Digicel Ltd. and Digicel International Finance Ltd.

The agency said it affirmed Digicel Group's long-term issuer default rating at B and its senior subordinated notes ratings at B-/RR5.

The agency said it also affirmed Digicel Ltd.'s long-term issuer default ratings at B and its senior notes ratings at B/RR4.

Finally, the agency said it affirmed Digicel International Finance Ltd.'s long-term issuer default rating at B and its senior secured credit facility at B+/RR3.

The outlook is stable.

Fitch said the rating actions incorporate Digicel's strong operating performance, its diversified revenue and cash flow generation, its free cash flow generation and Fitch's expectation for stable credit metrics.

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