Telecom Argentina buys back series A class 2 notes

By Caroline Salls

Pittsburgh, Nov. 24 - Telecom Argentina SA had canceled €290.09 million of its series A class 2 fixed-rate notes due 2014 through Oct. 15, and the company has repurchased and settled €13.31 million of the notes since that date, according to a company news release.

After the cancellation and repurchase, a total of €189.61 million of the series A class 2 notes remains outstanding.

Buenos Aires-based Telecom Argentina is the parent company of a telecommunications group in Argentina.

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