TSTT Raises Approximately US$481 Million In Dual-Currency Refinancing

Telecommunications Services of Trinidad and Tobago Limited (“TSTT” or the “Company”) successfully completed its refinancing transaction, priced on October 27, 2026, across both the international US$ and domestic TT$ capital markets, raising approximately US$481 million equivalent of long-term secured financing.

Citi and Scotiabank acted as joint bookrunners for the US$ Notes and lead managers for the TT$ Notes, with ACERO Capital serving as financial adviser to TSTT.

The transaction comprised US$305 million of Senior Secured Notes due 2036 and TT$1.192 billion, equivalent to approximately US$176 million, of Senior Secured Notes due 2036. Proceeds were used primarily to redeem in full TSTT’s outstanding USD- and TT$-denominated Senior Secured Notes due 2029, addressing the Company’s capital markets maturities and prudently extending its debt profile.