Announced

Completed

Group of noteholders completed a $1.6bn investment in WOM Mobile.

Synopsis

Ad Hoc Group of Noteholders consisting of Amundi, Blackrock, MAN GLG and Moneda, completed a $1.6bn investment in WOM Mobile, a Chilean mobile operator. "This is a key day in WOM’s story. We have successfully overcome one of the most difficult moments in our history and are prepared to regain our leadership in the industry with the support of our board of directors and the backing of our new owners. I want to thank our more than 2,000 employees for their commitment in times of great uncertainty, our more than 8 million customers throughout the country for allowing us to serve them, and our strategic suppliers who have shown continued trust and partnership during this process," Chris Bannister, WOM Mobile CEO.

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