Cell C completes recapitalization arrangement that lowers its debt

Cell C, a mobile provider in South Africa, has finally finished a long-awaited recapitalization deal that will lower its debt and help the company get back on its feet. Cell C CEO Douglas Craigie Stevenson said on Thursday that “the recapitalization was the third and important pillar of Cell C’s turnaround strategy; deleveraging the balance … Continue reading Cell C completes recapitalization arrangement that lowers its debt