Alestra, S. de R. L. de C.V. Announces Consummation of Its Exchange Offers, Cash Tender Offers and Consent Solicitations.Business Editors/High-Tech Writers MEXICO CITY--(BUSINESS WIRE)--Nov. 17, 2003 Alestra, S. de R.L. de C.V. ("Alestra") announces that it consummated its exchange offers, cash tender offers and consent solicitations Consent Solicitation A solicitation by one party to the stakeholders of a particular security for the consent of a material change. Notes: Should the majority of stakeholders provide valid consent prior to the consent expiry date, the issuer may then follow through with (the "Offers") for its 12 1/8% Senior Notes due 2006 and its 12 5/8% Senior Notes due 2009 (together, the "Existing Notes") this morning, November 17, 2003. Alestra has delivered its new Senior Notes due 2010 (the "New Notes"), as well as a cash payment, to the Depository Trust Company Depository Trust Company (DTC) DTC is the world's largest central securities depository. It accepts deposits of over 2 million equity and debt securities issues (valued at $23 trillion) from over 65 countries for custody, executes book-entry deliveries (valued at over $116 trillion ("DTC DTC See: Depository Transfer Check DTC See: Depository Trust Company DTC See Depository Trust Company (DTC). ") for distribution to the holders of the Existing Notes who tendered in the Offers. The New Notes are trading on DTC, are listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , and will begin trading on the New York Stock Exchange on November 18, 2003. This announcement shall not under any circumstances create any implication that the information contained herein is correct as of any time subsequent to the date hereof, or that there has been no change in the information set forth herein or in the affairs of Alestra or any of its affiliates since the date hereof. Alestra is a leading provider of competitive telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. in Mexico that it markets under the AT&T brand name and carries on its own network. Alestra offers domestic and international long distance services, data and internet services and local services. |
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