CompleTel Europe Announces Completion Of Notes Offering.Business & Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. Editors PARIS--(BUSINESS WIRE)--April 13, 2000 CompleTel Europe Europe (y  r`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). N.V. (Nasdaq NM: CLTL CLTL Common Lisp the Language (book by Guy L. Steele)CLTL Chemical Leaman Tank Lines, Inc (Gloucester County, New Jersey) ; ParisBourse: CTL See control key. 1. CTL - Checkout Test language. 2. CTL - Compiler Target Language. 3. CTL - Computational Tree Logic ), a growing facilities-based provider of switched local telecommunications and related services to businesses and government end-users in Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). , today announced that it has completed the issuance of E200 million principal amount 14% senior notes due 2010. James E. Dovey, chairman of the board, said that the company was pleased with the success of its initial public offering of ordinary shares last month, the immediate exercise of the underwriters' over-allotment, and the completion of the notes offering. The notes have not been registered under the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and may not be offered or sold absent registration or an applicable exemption from the registration requirements of the act. CompleTel Europe N.V. is a growing European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. facilities-based competitive local exchange carrier (CLEC (Competitive Local Exchange Carrier) An organization offering local telephone service that is not one of the traditional telephone companies. The Telecommunications Act of 1996 allowed competition to the incumbent telcos (ILECs), enabling new companies (CLECs) ). Founded in 1998, CompleTel provides voice and data telecommunications and Internet-related services in Western Europe. CompleTel is deploying fiber-optic networks in 11 markets in France and Germany and Internet-related services in 12 markets, including London, with plans for similar networks in an additional six cities in France and Germany. CompleTel Europe, based in The Netherlands, has a headquarters office in Paris. NOTE: The information contained in this press release contains "forward looking statements" within the meaning of the U.S. Federal Securities Law. Such statements are based on the current expectations of the management of CompleTel only, and the company's performance is subject to risks, uncertainties and other factors that could cause actual results to differ materially from these statements. Such risks include, but are not limited to, adverse regulatory, technological or competitive developments, decline in demand for the company's services or products, inability to timely develop and introduce new technologies, products and services, pressure on pricing resulting from competition, unforeseen delay, failure to receive on a timely basis necessary permits or other governmental approvals, and delays in the receipt of or failure to obtain any necessary financing which could cause the actual results or performance of the company to differ materially from those described herein. For a more detailed discussion of such risks and other factors please refer to the company's prospectuses and 10-K and 10-Q reports filed with the U.S. Securities and Exchange Commission. Paris office: Tour Egee, 9-11 allee de l'Arche, 92671 Courbevoie cedex, FRANCE +33 1 72 92 20 00 |
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