Digicel is looking for creditors to write off $1.7 billion (€1.55 billion) of what they are owed.

Businessman Denis O’Brien may end up handing over 49 per cent of his Digicel phone empire under a complicated debt-restructuring plan aimed at credito(...)

Fitch lowered its ratings on Digicel by one level to CC, eight rungs below what the ratings agency deems to be an investible grade. Photograph: iStock

Denis O’Brien’s Digicel Group faces “imminent refinancing risk” and will have to restructure a large part of its almost $7 billion (€6.3 billion) deb(...)