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BRIEF-Trilogy International Partners Inc Signs Agreement To Sell And Lease Back Bolivian Towers

Published 2019-02-15, 08:08 a/m
© Reuters.  BRIEF-Trilogy International Partners Inc Signs Agreement To Sell And Lease Back Bolivian Towers
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Feb 15 (Reuters) - Trilogy International Partners Inc TRL.TO :

* PRESS RELEASE - TRILOGY INTERNATIONAL PARTNERS INC. SIGNS AGREEMENT TO SELL AND LEASE BACK BOLIVIAN TOWERS

* TRILOGY INTERNATIONAL PARTNERS INC - NUEVATEL ANTICIPATES THAT IT WILL RECEIVE APPROXIMATELY US$100 MILLION IN CASH.

* TRILOGY INTERNATIONAL PARTNERS INC - ADDITIONALLY, THE TWO COMPANIES HAVE ENTERED INTO A MULTI-YEAR AGREEMENT

* TRILOGY INTERNATIONAL - FIRST CLOSINGS EXPECTED TO INCLUDE ABOUT 400 TOWERS, RESULT IN CASH CONSIDERATION TO NUEVATEL OF ABOUT US$65 MILLION

* TRILOGY INTERNATIONAL PARTNERS - UNDER MULTI-YEAR AGREEMENT PTI WILL PROVIDE NUEVATEL WITH ACCESS TO CERTAIN WIRELESS COMMUNICATION TOWERS

* TRILOGY INTERNATIONAL PARTNERS INC - NUEVATEL TO SELL ABOUT 600 OF NUEVATEL'S TOWERS TO BOLIVIAN UNIT OF PHOENIX TOWER INTERNATIONAL

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