IrishTimes reports on Digicel’s debt load

The IrishTimes reports on the “substantial risks” facing Digicel because of its debt load, according to CreditSights debt analyst Michael Chakardjian.

Chakardjian suggested Digicel’s debts may be “unsustainably high” and advised bondholders to sell some of their holdings. While he believes it has a long-term future, there are “a substantial amount” of near-term risks. Digicel “fundamentally disagrees” with him.

The company has since responded to Chakardjian’s report in the T&T Guardian (paywalled).

About Mark Lyndersay

Mark Lyndersay is a writer and photographer based in Trinidad and Tobago. He writes editorial leaders for Guardian Media Limited, for whom he has written more than 1,300 since 2001, feature writing and reviews and his column, BitDepth, which has examined personal technology issues continuously over the last 20 years. As a photographer, he divides his time between commercial assignments and annual report photography and personal projects like Local Lives, which examines the backstory of life and culture in Trinidad and Tobago.

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