Markets
VOD

Calling the Caribbean: Digicel Group files for a $200 million US IPO

Digicel Group, a leading provider of mobile services in the Caribbean with 14 million subscribers, filed on Friday with the SEC to raise up to $200 million in an initial public offering.

Top competitors include Cable & Wireless Communications and Vodafone ( VOD ).

The Hamilton, Bermuda-based company, which was founded in 2000 and booked $2.8 billion in sales for the 12 months ended March 31, 2015, plans to list on the NYSE under the symbol DCEL. J.P. Morgan, UBS Investment Bank, Citi, Barclays and Credit Suisse are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Calling the Caribbean: Digicel Group files for a $200 million US IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

VOD

Other Topics

IPOs