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A top-notch restructuring group, capable of handling the biggest and the most difficult restructuring from either company side or creditors’ side.

- Chambers USA, Band 1 Bankruptcy/Restructuring (Nationwide and NY)

Digicel Completes $3.8 Billion Restructuring

Paul, Weiss advised an ad hoc group of creditors of Digicel Limited (DL) and its subsidiaries in the company’s consensual financial restructuring of approximately $3.8 billion of debt. Jamaica-based Digicel is the leading provider of mobile phone networks and home entertainment services in 25 markets across the Caribbean, Central America and Asia Pacific.

Together with the 2023 restructuring of Digicel Group Holdings Limited, DL’s restructuring has reduced the company’s consolidated debt by approximately $1.7 billion through an exchange offer, Bermuda schemes of arrangement and associated U.S. chapter 15 proceedings. The restructuring has substantially strengthened the company’s capital structure, positioning it for long-term success.

The Paul, Weiss team was led by restructuring partners Andrew Rosenberg and Brian Bolin and corporate partner Megan Spelman, and included, among others, restructuring partner Elizabeth McColm and counsel Douglas Keeton; corporate partner David Huntington and counsel Lyudmila Bondarenko, Joseph Friedman, David Sobel, John Godfrey and Bruce Gruder; litigation partner Mark Mendelsohn and counsel Peter Carey; tax partner Anne McGinnis and of counsel David Mayo; intellectual property partner Claudine Meredith-Goujon; executive compensation counsel Reuven Falik; antitrust counsel Yuni Sobel; and international trade counsel Richard Elliott.

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