Home Digicel files for bankruptcy under debt restructuring plan
 

Keywords :   


Digicel files for bankruptcy under debt restructuring plan

2020-05-20 09:13:00| Telecompaper Headlines

(Telecompaper) Caribbean-focused operator Digicel has filed for bankruptcy court reorganisation as part of its plan to reduce debt, cut financing costs and extend debt maturities, reports ABC News, citing company spokesman Pat Walsh. "It is business as usual," said Walsh, adding that the Chapter 15 filing in New York would not affect operations in the 32 markets that the company serves from its headquarters in Jamaica. A hearing in the Chapter 15 bankruptcy case is scheduled for June, added the report.

Tags: plan files debt bankruptcy

Category:Telecommunications

Latest from this category

All news

»
25.12Smithfield Foods donates $200K to support An Achievable Dream
25.12Could AI be key to solving the piglet mortality problem?
25.12Corporate Transparency Act reporting requirements will return
24.12Registration Open for Cal Poly Polymers & Coatings Winter 2025 Short Course
24.12American Airlines resumes flights after technical issue
24.12Seaboard Foods, Oklahoma Pork Council partner to Give-A-Ham
24.12Extension needed to thoroughly review EPA air emission draft models
24.12Indiana Pork donates $5K in gift cards to support state's teachers
More »