Telecom Argentina to Redeem 8% 2026 Notes in Full
Telecom Argentina S.A. plans to redeem in full its outstanding 8.000% Senior Notes due 2026 (Class 1 Notes) on February 25, 2026.
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Rhea-AI Filing Summary
Telecom Argentina S.A. plans to redeem in full its outstanding 8.000% Senior Notes due 2026 (Class 1 Notes) on February 25, 2026. The company will repay an aggregate principal of U.S.$162,747,000 at 100% of nominal value, plus accrued and unpaid interest from and including January 18, 2026 to but excluding the Redemption Date, together with any Additional Amounts as defined in the Indenture.
On the Redemption Date, the redemption price will be due and interest on the redeemed notes will stop accruing once the funds are deposited with the paying agent. After payment, the notes will be cancelled, all obligations under them extinguished, and they will cease to be listed on the Luxembourg Stock Exchange, Bolsas y Mercados Argentinos S.A. and A3 Mercados S.A.
Insights
Telecom Argentina is retiring a full bond issue, simplifying its debt profile.
Telecom Argentina is exercising an optional call to redeem all of its 8.000% Senior Notes due 2026, with an outstanding principal of U.S.$162,747,000. The notes will be repaid at 100% of nominal value plus accrued and unpaid interest and any Additional Amounts, as allowed under the Indenture and prospectus terms.
This move removes a fixed-rate liability that was originally scheduled to mature on July 18, 2026. The redemption will require sufficient cash to cover both principal and interest, but it also eliminates future coupon payments on this tranche and cancels the instrument entirely.
Once the redemption settles on February 25, 2026, the notes will be delisted from the Luxembourg Stock Exchange, Bolsas y Mercados Argentinos S.A. and A3 Mercados S.A. Future filings may provide more detail on how this affects Telecom Argentina’s overall debt mix and liquidity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Telecom Argentina (TEO) announce regarding its 8.000% Senior Notes due 2026?
Telecom Argentina announced it will redeem in full 100% of its outstanding 8.000% Senior Notes due 2026 (Class 1 Notes), paying principal plus accrued interest and any Additional Amounts.
What is the principal amount Telecom Argentina (TEO) will redeem on its 2026 notes?
The company will redeem an aggregate principal amount of U.S.$162,747,000 of its 8.000% Senior Notes due 2026.
When is the redemption date for Telecom Argentina’s 8.000% Senior Notes due 2026?
The Class 1 Notes will be redeemed on February 25, 2026, which is the specified Redemption Date in the notice.
At what price will Telecom Argentina (TEO) redeem its Class 1 Notes due 2026?
The notes will be redeemed at a redemption price equal to 100% of their nominal value (U.S.$1.00 per U.S.$1.00), plus accrued and unpaid interest and any applicable Additional Amounts up to the Redemption Date.
What happens to Telecom Argentina’s Class 1 Notes after the redemption is completed?
After the redemption, the Class 1 Notes will be canceled, all obligations under them will be extinguished, and they will cease to be listed on the Luxembourg Stock Exchange, Bolsas y Mercados Argentinos S.A. and A3 Mercados S.A.
Will interest continue to accrue on Telecom Argentina’s 8.000% notes after the Redemption Date?
Interest on the notes called for redemption will cease to accrue on and after February 25, 2026, provided the company has deposited the funds necessary to pay the Redemption Price with the paying agent.
AI-generated analysis. How Rhea-AI works. Not financial advice.
