Millicom costs reopening of $75 million of seven.375% Senior Notes Due 2032
Luxembourg, April 2, 2026 – Millicom Worldwide Mobile S.A. (“Millicom”) (NASDAQ US, TIGO) declares at present the profitable pricing of $75 million combination principal quantity of its 7.375% Senior Notes due 2032 (the “Additional Notes”) in a Regulation S solely faucet non-public placement to an investor that isn’t a “U.S. Person” (as outlined in Regulation S underneath the U.S. Securities Act of 1933, as amended (the “Securities Act”)) at a worth of 100.985%, plus accrued and unpaid curiosity from and together with April 2, 2026 to, however excluding, the problem date of the Further Notes. The Further Notes will probably be issued as a reopening of, and will probably be a part of the identical collection as, the 7.375% Senior Notes due 2032 that Millicom initially issued on April 2, 2024 (the “Initial Notes” and, along with the Further Notes, the “Notes”), besides that the Further Notes will initially be issued underneath a brief ISIN and CUSIP in the course of the 40-day distribution compliance interval required underneath Regulation S, and won’t be fungible with or exchangeable for the Preliminary Notes throughout that interval. After the expiration of the 40-day interval, the Further Notes will probably be assigned the identical ISIN and CUSIP because the preliminary Regulation S Notes and can be capable to commerce interchangeably with the Preliminary Notes. Presently, $450 million combination principal quantity of Notes are excellent. The issuance and sale are anticipated to shut on April 14, 2026, topic to the satisfaction of market and different customary closing situations. Millicom intends to make use of the online proceeds of the Further Notes for normal company functions, which can embrace capital expenditures and mergers and acquisitions. Curiosity on the Notes is payable semi-annually in arrears on April 2 and October 2 of every 12 months; the Notes will mature on April 2, 2032, except earlier repurchased or redeemed.
Software will probably be made for the Further Notes to be admitted to itemizing and buying and selling on Official Listing of the Luxembourg Inventory Alternate and admitted to buying and selling on the Euro MTF market thereof.
This press launch shall not represent a proposal to promote or a solicitation of a proposal to purchase any safety and shall not represent a proposal, solicitation or sale in any jurisdiction during which such provide, solicitation or sale could be illegal. This press launch is being issued pursuant to and in accordance with Rule 135c underneath the Securities Act.
Vital Data
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This press launch could represent a public disclosure of inside data by Millicom underneath Regulation (EU) 596/2014, as subsequently amended, and any related implementing guidelines and laws.
United States
The Further Notes haven’t been and won’t be registered underneath the Securities Act. The Further Notes might not be provided or offered in the US besides pursuant to an exemption from, or in a transaction not topic to, the registration necessities of the Securities Act and relevant state securities legal guidelines. There will probably be no public provide of the Further Notes in the US (for these functions, “United States” means the US of America, its territories and possessions, any State of the US, and the District of Columbia).
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Prohibition of Gross sales to EEA Retail Buyers
The Further Notes aren’t supposed to be provided, offered or in any other case made obtainable to and shouldn’t be provided, offered or in any other case made obtainable to any retail investor within the European Financial Space (“EEA”). For these functions, a retail investor means an individual who’s one (or extra) of: (i) a retail consumer as outlined in level (11) of Article 4(1) of Directive 2014/65/EU (as amended “MiFID II”); (ii) a buyer inside the that means of Directive (EU) 2016/97 (as amended, the “Insurance Distribution Directive”), the place that buyer wouldn’t qualify as an expert consumer as outlined in level (10) of Article 4(1) of MiFID II; or (iii) not a professional investor as outlined in Article 2(e) of Regulation (EU) 2017/1129 (as amended, the “Prospectus Regulation”). Consequently, no key data doc required by Regulation (EU) No 1286/2014 (the “PRIIPs Regulation”) for providing or promoting the Further Notes or in any other case making them obtainable to retail buyers within the EEA has been ready and due to this fact providing or promoting the Further Notes or in any other case making them obtainable to any retail investor within the EEA could also be illegal underneath the PRIIPs Regulation.
In member states of the EEA, this press launch is for distribution solely to and directed solely at individuals who’re “qualified investors” inside the that means of Article 2(e) of the Prospectus Regulation (the “Qualified Investors”). In relation to every member state of the EEA that has applied the Prospectus Regulation (every, a “Relevant Member State”), the funding contemplated by this press launch is just not being made, and won’t be made, to the general public in that Related Member State, apart from to any authorized entity that could be a Certified Investor. Every potential investor positioned inside a Related Member State will probably be deemed to have represented, acknowledged and agreed that it’s a Certified Investor.
The Further Notes aren’t supposed to be provided, offered or in any other case made obtainable to and shouldn’t be provided, offered or in any other case made obtainable to any retail investor in the UK (“UK”). For these functions, a retail investor means an individual who is just not: (i) an expert consumer, as outlined in level (8) of Article 2(1) of Regulation (EU) No 600/2014 because it varieties a part of home legislation by advantage of the European Union (Withdrawal) Act 2018 (“EUWA”); nor (ii) a professional investor as outlined in paragraph 15 of Schedule 1 to the Public Provides and Admissions to Buying and selling Rules 2024 (“POATR”). Consequently, no key data doc required by Regulation (EU) No 1286/2014 because it varieties a part of home legislation by advantage of the EUWA (the “UK PRIIPs Regulation”) for providing or promoting the Further Notes or in any other case making them obtainable to retail buyers within the UK has been ready and due to this fact providing or promoting the Further Notes or in any other case making them obtainable to any retail investor within the UK could also be illegal underneath the UK PRIIPs Regulation.
Throughout the UK, this press launch is for distribution solely to and directed solely at individuals who’re “qualified investors” as outlined in paragraph 15 of Schedule 1 of the POATR who’re additionally individuals (a) who’ve skilled expertise in issues referring to investments falling inside Article 19(5) of the Monetary Companies and Markets Act 2000 (Monetary Promotion) Order 2005, as amended (the “Financial Promotion Order”), (b) falling inside Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations, etc.”) of the Monetary Promotion Order, (c) outdoors the UK, or (d) to whom an invite or inducement to interact in funding exercise (inside the that means of Part 21 of the Monetary Companies and Markets Act 2000) in reference to the funding could in any other case lawfully be communicated or triggered to be communicated (all such individuals collectively being known as “Relevant Persons”). The Further Notes aren’t being provided to the general public within the UK. This press launch is directed solely at Related Individuals and should not be acted on or relied on by individuals who aren’t Related Individuals. The funding or funding exercise to which this press launch relates is simply obtainable to, and can solely be engaged in with, Related Individuals and any one who receives this press launch who is just not a Related Particular person shouldn’t rely or act upon it.
MiFID II Product Governance / EEA and UK PRIIPs
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MiFID II professionals/ECPs-only / No EEA PRIIPs KID — Producer goal market (MiFID II product governance) is eligible counterparties {and professional} purchasers solely (all distribution channels). No PRIIPs key data doc (KID) has been ready because the Further Notes aren’t obtainable to retail buyers within the EEA.
UK MiFIR professionals/ECPs-only / No UK PRIIPs KID — UK producer goal market (UK MiFIR product governance) is eligible counterparties {and professional} purchasers solely (all distribution channels). No UK PRIIPs KID has been ready because the Further Notes aren’t obtainable to retail buyers within the UK.
Sure statements included inside this press launch are “forward-looking statements” inside the that means of the U.S. federal securities legal guidelines supposed to qualify for the protected harbor from legal responsibility established by the Personal Securities Litigation Reform Act of 1995. These forward-looking statements mirror Millicom’s intentions, beliefs or present expectations and embrace, however aren’t restricted to, all statements apart from statements of historic details, together with, with out limitation, these concerning Millicom’s technique, plans, goals, targets and targets, together with these associated to the completion of this institutional non-public placement and using proceeds therefrom. Millicom’s potential to realize its projected outcomes depends on many elements that are outdoors administration’s management. Precise outcomes could differ materially from (and be extra destructive than) these projected or implied within the forward-looking statements. Such forward-looking data entails dangers and uncertainties that would considerably have an effect on anticipated outcomes and is predicated on sure key assumptions. Accordingly, no assurance will be provided that any explicit expectation will probably be met and reliance shouldn’t be positioned on any forward-looking assertion. Moreover, forward-looking statements concerning previous tendencies or actions shouldn’t be taken as a illustration that such tendencies or actions will proceed sooner or later. All forward-looking statements included herein are primarily based on data obtainable to Millicom as of the date hereof and the supply of this doc doesn’t suggest that the knowledge contained herein is right as at any time subsequent to the date hereof. Millicom undertakes no obligation to replace publicly or revise any forward-looking assertion, whether or not on account of new data, future occasions or in any other case, besides as could also be required by relevant legislation. All subsequent written and oral forward-looking statements attributable to Millicom or individuals appearing on its behalf are expressly certified of their entirety by these cautionary statements.
For additional data, please contact:
Press: Sofía Corral, Director Company Communicationspress@millicom.comInvestors: Luca Pfeifer, VP for Investor Relations buyers@millicom.com
About Millicom
Millicom (NASDAQ: TIGO) is a number one supplier of mounted and cell telecommunications companies in Latin America. By means of its TIGO® and Tigo Enterprise® manufacturers, the corporate offers a variety of digital companies and merchandise, together with TIGO Cash for cell monetary companies, TIGO Sports activities for native leisure, TIGO ONEtv for pay TV, highspeed knowledge, voice, and business-to-business options similar to cloud and safety. As of December 31, 2025, Millicom, together with its Honduras Joint Enterprise, employed roughly 15,000 individuals and offered cell and fiber-cable companies by means of its digital highways to roughly 52 million prospects, with a fiber-cable footprint over 14 million properties handed. Based in 1990, Millicom Worldwide Mobile S.A. is headquartered in Luxembourg with principal govt places of work in Doral, Florida.
