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Provisional liquidators letter to dgl1 noteholders

Provisional liquidators letter

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Provisional liquidators letter to dgl1 noteholders

  1. 1. KPMG Advisory Limited Crown House 4 Par-la-Ville Road Hamilton HM 08 Bermuda Telephone Fax Internet +1 441 295 5063 +1 441 295 8280 © 2020KPMG Advisory Limited, a group of Bermuda limited liability companies which are member firms of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. May 4, 2020 To all 8.25% Senior Secured Note Holders of Digicel Group One Limited DIGICEL GROUP ONE LIMITED (PROVISIONAL LIQUIDATORS APPOINTED FOR RESTRUCTURING PURPOSES) On April 29, 2020, Charles Thresh and Mike Morrison of KPMG Advisory Limited, and James Bennett of KPMG LLP, were appointed as Joint Provisional Liquidators (“JPLs”) of the Company by Order of the Supreme Court of Bermuda (“the Order”). The JPLs appointment over the Company will have no impact on Digicel’s day-to-day operations, on its staff, its suppliers, its customers or any aspect of its ongoing activities. The Order relating to the JPLs appointment specifically provides for the continuation of the business and management of the Company by the existing board of directors. Should you have any questions in relation to the appointment of the JPLs then please do not hesitate to contact Mr Dylan Marshall of this office at Yours faithfully For Digicel Group One Limited Charles Thresh Joint Provisional Liquidator