TEXT-Fitch affirms Digicel's ratings, outlook is stable
Posted on May 25, 2012 at 12:01 PM EDT
May 25 - Fitch has affirmed the ratings of Digicel Group Limited (DGL) and its subsidiaries Digicel Limited (DL) and Digicel International Finance Limited (DIFL), collectively referred to as 'Digicel' as follows: DGL --Long-term Issuer Default Rating (IDR) at 'B' --US$1 billion 8.875% senior subordinated notes due 2015 at 'B-/RR5'; --US$415 million 9.125/9.875% senior subordinated toggle notes due 2015 at 'B-/RR5'; --US$775 million 10.5% senior subordinated notes due 2018 at 'B-/RR5'.
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