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Africa-focused Liquid Telecommunications conducts tender offer for 8½% notes
Chicago, March 1 – Liquid Telecommunications Holdings Ltd. conducted an any and all tender offer for its $730 million outstanding 8½% senior secured notes due 2022, according to a press release.
The company was offering to purchase the notes at $1,022.50 per $1,000 note, plus interest to the settlement date.
The offer expired at 11:59 p.m. ET on Feb. 26.
The company plans to redeem any notes not tendered in the offer at par on July 13.
Lucid Issuer Services was the tender and information agent.
The London-based company owns and operates the largest pan-African fiber network.
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