Impsat misses another coupon

New York, Feb. 19 - Impsat Fiber Networks, Inc. said it failed to make the $20.6 million interest payment due Feb. 15 on its $300 million 13¾% senior notes due 2005.

The company said it has a 30-day grace period before the non-payment becomes a default.

Impsat previously failed to pay within the grace period the interest payment due on its $225 million of 12 3/8% senior notes due 2008 and failed to make the $7.6 million interest payment due Jan. 15 on its $125 million of 12 1/8% senior guaranteed notes due 2003.

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