Company: TCMFF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001104659-25-019133
Chunk: 143

Company: TELECOM ARGENTINA SA
Filing Date: 2025-02-28
Form: 20-F
Item: Item 5
Chunk 143
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.50%   ​   Semi-annual    
                                                                                            33% in 07/2029                                                                            
                                                                                            33% in 07/2030                                                                            
                                                                                            34% in 07/2031                                                                            
​        ​   ​           ​                200   ​         10/2024   ​         07/2031   ​   In three installments of:             ​   Annual fixed rate of 9.50%   ​   Semi-annual    
                                                                                            33% in 07/2029                                                                            
                                                                                            33% in 07/2030                                                                            
                                                                                            34% in 07/2031                                                                            
             US$linked   33.7                             08/2024             02/2026       In one installment at maturity date       Annual fixed rate of 2%      ​   Quarterly basis
             US$         75.2                             11/2024             11/2028       In one installment at maturity date       Annual fixed rate of 7%      ​   Semi-annual    
​
​

PART I - ITEM 5 OPERATING AND FINANCIAL REVIEW AND PROSPECTS   TELECOM ARGENTINA S.A.
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Bank and other financing entities loans

●   During June 2024, disbursements of the credit line with EDC of US$11.6 million (equivalent to P$12,969 million as of December 31, 2024) were completed, maturing in May 2030. The principal disbursed accrues compensatory interest at a semi-annual SOFR plus a margin of 6.65 %.
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●   During July and August 2024, the Company exchanged US$117.3 million of its 2026 Notes for US$117.2 million of its Series 21 Notes.
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●   During August 2024, through the liquidation of BOPREAL bonds, the Company prepaid its loan with the supplier CISCO for US$18 million (principal of US$17.6 million and interest of US$0.4 million). This negotiation resulted in a reduction of US$1.8 million (P$1,903 million in current currency as of December 31, 2024) recognized in “Borrowings renegotiation results and repurchase Notes” item, within “Financial results from borrowings”.
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●   The Company