Cointel Announces Its Position on TASA's Offer to Exchange Cointel Notes for TASA Notes Plus Cash.Business Editors NEW YORK--(BUSINESS WIRE)--June 30, 2003 Compania International de Telecomunicaciones S.A. ("Cointel") refers to the announcement of Telefonica de Argentina S.A. ("Telefonica Argentina") on June 17, 2003 concerning the launch of an offer to exchange and a solicitation of proxies regarding all 8.85% Series A Notes due 2004 and 10% Series B Notes due 2004 (collectively, the "Notes") of Cointel, the purpose of which is to acquire all of Cointel's outstanding Notes, in an aggregate principal amount of US$225.0 million for the 8.85% Series A Notes and Ps. 175 million for the 10% Series B Notes. Cointel is the majority shareholder of Telefonica Argentina. Additionally, Cointel refers to Rule 14e-2 of the Securities and Exchange Act of 1934, that requires Cointel to take a position with respect to the exchange offer of the Notes. Pursuant to Rule 14e-2, Cointel hereby informs the holders of the Notes that (i) it has determined that the exchange offer and proxy solicitation proposed by Telefonica Argentina for the Notes is reasonable and is in the best interest of Cointel and (ii) it recommends that its holders accept the exchange offer and proxy solicitation of the Notes proposed by Telefonica Argentina. Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. & Co. Incorporated (including its affiliates) will act as dealer manager for the exchange offers. BBVA BBVA Banco Bilbao Vizcaya Argentaria (First Bank of Spain) Banco Frances S.A. (Reconquista 199, (C1003ABE ABE Adult Basic EducationABE Allgemeine Betriebserlaubnis (German: general operating permit) ABE Advanced Book Exchange (Abebooks) ABE Association of Business Executives ABE Association of Building Engineers ) Buenos Aires Buenos Aires (bwā`nəs ī`rēz, âr`ēz, Span. bwā`nōs ī`rās), city and federal district (1991 pop. , Argentina, Tel. : +54-11-4346-4600) will act as solicitation agent in Argentina, D.F. King & Co., Inc. will act as the information agent and the Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. will act as the exchange agent for the exchange offers. Copies of the prospectuses may be obtained by calling D.F. King & Co., Inc., at +1-800- 549-6697 or 212-269-5550, or by mail at 48 Wall Street, 22 nd Floor, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10005, Attention: Thomas A. Long. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion