Millicom (Tigo) subsidiary Telefónica Celular del Paraguay S.A.E. announces its intent to redeem in full Senior Notes due 2027

Luxembourg, April 17, 2026, Millicom's subsidiary Telefónica Celular del Paraguay S.A.E ("Telecel Paraguay") today announces its intent to redeem on April 29, 2026 (the "Redemption Date"), $139,712,000 aggregate principal amount of its 5.875% Senior Unsecured Notes due 2027 (the "Notes"), which represents all of the outstanding Notes as of the date hereof. A notice of redemption will be sent to the holders of the Notes in accordance with the requirements of the indenture governing the Notes (the "Indenture"). Pursuant to the terms of the Indenture, the Notes will be redeemed at a redemption price equal to 100% of the principal amount of the Notes redeemed, plus accrued and unpaid interest and Additional Amounts ...