Telecom Argentina buys back €17 million series A notes

By Caroline Salls

Pittsburgh, Nov. 3 - Telecom Argentina SA has bought back €17 million of its series A class 2 fixed-rate notes due 2014, according to a company news release.

The repurchased notes will be cancelled.

The company said €476.02 million face value, or €195.93 million residual value, of the notes remain outstanding.

Buenos Aires-based Telecom Argentina is the parent company of a telecommunications group in Argentina.

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