MEXICO CITY, Nov. 19 /PRNewswire-FirstCall/ -- Maxcom Telecomunicaciones, S.A.B. de C.V. ("Maxcom" or the "Company"), announced that beginning today the Company will be offering, upon the terms and subject to the conditions set forth in the prospectus dated November 16, 2007 (as supplemented from time to time), to exchange an aggregate principal amount of $200 million of its 11% Senior Notes Due 2014 originally issued on December 20, 2006, January 10, 2007 and September 5, 2007 (collectively, the "Existing Notes") for a like amount of 11% Senior Notes Due 2014 which have been registered with the Securities and Exchange Commission ("SEC") under the Securities Act of 1933.
The exchange offer will expire at 5:00 p.m. New York City time on December 18, 2007 unless extended by Maxcom. The exchange offer is not conditioned upon any minimum principal amount of Existing Notes being tendered for exchange. The terms of the new senior notes to be issued in the exchange offer are substantially identical to the Existing Notes, except that the transfer restrictions and registration rights relating to the Existing Notes will not apply to the new senior notes. Any Existing Notes not tendered will remain subject to existing transfer restrictions.
The exchange offer is being made only by means of a prospectus. Copies of the prospectus may be obtained from Deutsche Bank Trust Company Americas, who is acting as exchange agent, c/o DB Services Tennessee, Inc., Reorganization Unit, 648, Grassmere Park Road, Nashville, TN, 37211, telephone: (800) 735- 7777. An effective registration statement (and related prospectus) is on file with the SEC and a copy of the registration statement (and related prospectus) is also available on the SEC's website, http://www.sec.gov/.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any Existing Notes or any other security, and shall not constitute an offer, solicitation or sale in any jurisdiction in which or to any persons to whom such offering, solicitation or sale would be unlawful.
The information contained in this press release is the exclusive responsibility of Maxcom Telecomunicaciones, S.A.B. de C.V. and has not been reviewed by the Mexican National Banking and Securities Commission (CNBV). The trading of these securities by an investor will be made under such investor's own responsibility.
For more information contact:
Jose-Antonio Solbes
Mexico City, Mexico
(52 55) 1163 1005
This document may include forward-looking statements that involve risks and uncertainties that are detailed from time to time in the U.S. Securities and Exchange Commission filings of the Company. Words such as "estimate," "project," "plan," "believe," "expect," "anticipate," "intend," and similar expressions may identify such forward-looking statements. The Company wants to caution readers that any forward-looking statements in this document or made by the company's management involves risks and uncertainties that may change based on various important factors not under the Company's control. These forward-looking statements represent the Company's judgment as of the date of this document. The Company disclaims, however, any intent or obligation to update these forward-looking statements.
