Telecom Argentina (TEO) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Telecom Argentina S.A. has announced a significant prepayment of $135 million on its loan from the Inter-American Investment Corporation, reducing the remaining balance to $136.14 million. The prepayment was funded through the proceeds of a recent issuance of Class 21 negotiable obligations, which raised $500 million at a fixed annual interest rate of 9.5% and is due in 2031.
For further insights into TEO stock, check out TipRanks’ Stock Analysis page.
