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).