Alestra extends exchange

Alestra S de RL de CV extended the deadline for its exchange offer, tender offer and consent solicitation to May 21, unless further extended. It had previously been set to expire on May 7.

Alestra said it is continuing to negotiate with an ad hoc committee of noteholders about the offers.

San Pedro Garza Garcia, Mexico telecommunications company said that so far $143 million principal amount of its 12 1/8% senior notes due 2006 and $95 million principal amount of its 12 5/8% senior notes due 2009 has been tendered, the same as at the last report on April 15.

The information agent for the offer is D.F. King & Co., Inc. (banks and brokers call collect 212 269-5550, others call toll free 800 549-6697).

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