Morgan Lewis Advises TSTT on US$480 Million Bond Refinancing

LONDON and NEW YORK, November 3, 2026: Morgan Lewis advised Telecommunications Services of Trinidad and Tobago Limited (TSTT) as US legal counsel on an approximately US$480 million dual-currency bond offering, which closed on November 3, 2026.

The offering comprised US$305 million of 9.750% Senior Secured Notes due 2036 and TT$1,192,145,000 (approximately US$176.5 million) of 8.680% Senior Secured Notes due 2036. The bonds were offered pursuant to Rule 144A and Regulation S and have been listed on the Luxembourg Stock Exchange.

The proceeds of the offering of the new bonds were applied toward the redemption in full of TSTT’s existing US$300 million of 8.875% Senior Secured Notes due 2029 and TT$1, 156 million of 8.30% Senior Secured Notes due 2029, with any remaining proceeds available for general corporate purposes. Morgan Lewis previously advised TSTT on the issuance of the existing bonds in 2019 and 2022.

The Morgan Lewis team advising TSTT was led by partner Carter Brod, with associate Hazem Nakib.