US EditionTelecom Caught Another $200 Million From the International Market
3 Articles
3 Articles
It is US$ 200 million from the ON Class 24, which complements the US$ 800 million issued two months ago. It is part of the financing program for the recent acquisition of Telefónica Móviles from Argentina.
Telecom Argentina concluded yesterday the issue of a Negotiable Obligation (ON) complementary to Class 24, with which it captured from the market US$200 million, after having received during the process of placing offers of purchase for up to US$1092 million.The new placement took place two months after having taken US$800 million from the international markets with the paper mentioned above, in an operation that framed itself in the return of s…
Telecom is moving on to its last steps to finance its purchase of Telefónica, an operation announced in February for US$ 1245 million. The telecommunications operator has just obtained another US$ 200 million, additional the US$ 800 million it obtained two months ago, with a debt placement in the international markets.It is a complement to the ON Class 24, so that the total issued in this way reaches US$ 1 billion.
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