Compania de Telecomunicaciones de Chile Announces Acceptance of Tenders in Its Maximum Tender Offer.
PR Newswire Europe, December, 2004
SANTIAGO, Chile, December 2 /PRNewswire/ -- Compania de Telecomunicaciones de Chile S.A. ("Telefonica CTC Chile" or the "Company") (NYSE: CTC) today announced the acceptance of tenders in the Maximum Tender Offer for up to US$73,613,000 of the outstanding principal amount of its 7.625% Notes due 2006 and its 8.375% Notes due 2006 made pursuant to an Offer to Purchase dated October 29, 2004, which expired at 5:00 p.m. EST on December 1, 2004. The Company has accepted US$55,255,000 in total aggregate principal amount divided as follows: US$11,695,000 principal amount of its 7.625% Notes due 2006, representing 19% of the US$61,298,000 principal amount outstanding of the 7.625% Notes due 2006 and US$43,560,000 in principal amount of its 8.375% Notes due 2006,...
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