NEW YORK – Nov. 13, 2026 – Global law firm Greenberg Traurig, LLP represented Citigroup Global Markets Inc. and Scotia Capital (USA) Inc. as initial purchasers in Telecommunications Services of Trinidad and Tobago Limited’s (TSTT) nearly US$500 million-equivalent dual-currency senior secured notes offering.
The transaction consisted of $305 million in aggregate principal amount of 9.75% senior secured notes and TT$1.192145 billion in aggregate principal amount of 8.68% senior secured notes. Both series mature Nov. 3, 2036.
The U.S. dollar-denominated notes are expected to be listed on the Official List of the Luxembourg Stock Exchange and admitted to trading on its Euro MTF market. The Trinidad and Tobago dollar-denominated notes were offered in Trinidad and Tobago in a private placement directly to accredited investors.
The proceeds from the offering were used to redeem the company’s U.S. dollar and Trinidad and Tobago dollar notes issued in 2019.
TSTT is an integrated communications, connectivity, and digital technology provider in Trinidad and Tobago, providing mobile and fixed telecommunications, broadband, entertainment, cloud, security, managed connectivity, and other digital services.
The Greenberg Traurig team was led by Latin America Practice Co-Chair Marc M. Rossell and Miami Corporate Shareholder Sami B. Ghneim. The team included New York Tax Shareholder Erez I. Tucner,; New York Corporate Of Counsel Godric C. Shoesmith; Miami Corporate Associates Ryan Lenaghan, Ashelin Myus, and Charlotte R. E. Osborne; New York Capital Markets Associate Riley K. Morrow; and New York Tax Associate Kaiyu (Connie) Keng.