Transtelco Holding Says Maxcom Tender Offer Is Complete

Transtelco Holding Inc. said holders have tendered sufficient shares of Maxcom Telecomunicaciones to effect some changes to the indentures governing the notes. Transtelco is an El Paso, Texas-based provider of digital infrastructure, including fiber networks.

• Holders of Maxcom’s 8% senior secured notes due 2024 tendered about $54 million, or 95% of those outstanding, Transtelco said in a statement Monday
• Holders will receive $515 for each $1,000 principal amount tendered
• Tender offer was made in connection with Transtelco’s acquisition of Maxcom. Acquisition is expected to close around Nov. 10.
• Transtelcom previously extended the tender offer.

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