Compania de Telecomunicaciones de Chile Announces Acceptance of Tenders In Its Any and All Cash Tender Offer.
PR Newswire Europe, November, 2004
SANTIAGO, Chile, November 10 /PRNewswire/ -- Compania de Telecomunicaciones de Chile S.A. ("Telefonica CTC Chile" or the "Company") (NYSE: CTC) today announced the acceptance of tenders in the Any and All Offer for the outstanding US$187,685,000 in principal amount of its 7.625% Notes due 2006 made pursuant to an Offer to Purchase dated October 29, 2004, which expired at 5:00 p.m. EST on November 9, 2004. The Company has accepted US$126,387,000 in principal amount of its 7.625% Notes due 2006, representing 67.34% of the US$187,685,000 principal amount outstanding of the 7.625% Notes due 2006. The settlement date for the Any and All Offer is currently expected to be Friday, November 12, 2004.
As announced on October 29, 2004, in the Maximum Tender Offer, the...
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