Paul Hastings Advised Lenders on $4.4 Billion Restructuring of Digicel

Paul Hastings LLP advised an ad hoc group of secured lenders and secured noteholders holding more than $1 billion of debt of Digicel International Finance Limited in connection with the comprehensive restructuring of the Digicel Group’s $4.4 billion capital structure. Digicel is the leading provider of mobile phone networks and home entertainment services in 25 markets across the Caribbean, Central America, and Asia Pacific. The restructuring was implemented through schemes of arrangement in Bermuda and U.S. chapter 15 proceedings, with the investors represented by Paul Hastings agreeing to receive restructured secured debt in Digcel’s go-forward operating business.

The Paul Hastings team was led by Financial Restructuring partners Dan Fliman and Sayan Bhattacharyya, and included partners Marija Pecar, Gabe Sasson, Max Kirchner, and Joseph Opich, of counsel Daniel Ginsberg, Thomas Shiah, Marina Begun, Maria Larsen, and Gil Savir, and associates Cole Harlan, Andro Atlaga, Izzy Muncan, and Rebecca Bunyan.

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