01.03.2016 01:04:00

Comcel Trust -- Moody's confirms Millicom and Comcel's ratings; negative outlook

New York, February 29, 2016 -- Moody's Investors Service ("Moody's") has today confirmed Millicom International Cellular S.A.'s (Millicom) Ba1 Corporate Family Rating and the Ba2 ratings on its senior unsecured notes. At the same time, Moody's confirmed the Ba1 ratings of its subsidiary Comcel Trust (Comcel). The outlook on the ratings for both Millicom and Comcel was changed to negative. This action concludes the review for downgrade initiated on October 26, 2015.

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