Telecom Firm Digicel Tells Creditors It's Facing US Justice Department Probe [Yahoo! Finance Canada]
Prudential Financial, Inc. (PRU)
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Source: Yahoo! Finance Canada
2 min read (Bloomberg) -- Digicel Group told creditors it is cooperating with the US Justice Department over potential violations of the Foreign Corrupt Practices Act. Most Read from Bloomberg The international mobile operator, which reported improved earnings a year after restructuring its debt, disclosed to creditors that it was cooperating with the DOJ in a call on Friday after voluntarily reporting itself. The company declined to give any further details about the scope, geography or quantum of the scrutiny it is facing, and did not respond to questions during the private bondholder call. “We voluntarily disclosed to the US Department of Justice information related to possible violations of the US Foreign Corrupt Practices Act,” a spokesperson for Digicel said in an emailed statement on Monday in response to Bloomberg queries. “We are cooperating fully with the DOJ and will continue to do so.” Digicel's $1.3 billion payment-in-kind bond due in 2027 dropped at the end of
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PRU
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- 10/30/24 - Beat
PRU
Sec Filings
- 11/26/24 - Form 424B2
- 11/25/24 - Form 424B2
- 11/19/24 - Form 424B2
- PRU's page on the SEC website