Company: TCMFF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001104659-25-019133
Chunk: 210

Company: TELECOM ARGENTINA SA
Filing Date: 2025-02-28
Form: 20-F
Item: Item 10
Chunk 210
---
 foreign currency and whose services are payable abroad or in foreign currency in the country, made between October 9, 2020 and December 31, 2023, (b) which were delivered to creditors of financial indebtedness abroad and/or debt securities with public registration in the country denominated in foreign currency with due dates between October 15, 2020 and December 31, 2023; which were delivered to creditors of financial indebtedness abroad and/or debt securities with public registry in the country denominated in foreign currency with maturities between October 15, 2020 and December 31, 2023, as part of the refinancing plan duly required in Section 7. of Communication “A” 7106 and related provisions (provisions included in Section 3.17. of the Annex to Communication “A” 8035), based on the following parameters: (1) the amount of principal for which the foreign exchange market was accessed up to December 31, 2023 did not exceed 40% of the amount of principal maturing, except when for an amount equal to or greater than the excess the debtor either registered settlements in the foreign exchange market as of October 9, 2020 for issues of debt securities with public registration abroad or other financial indebtedness abroad or registered settlements in the foreign exchange market as of October 9, 2020 for issues of debt securities with public registration abroad or other financial indebtedness abroad or it had a “Certification of increased exports of goods” for the years 2021 to 2023 issued under Section 3.18., and (2) the remaining principal maturing was, at least, refinanced with a new indebtedness abroad with an average life of two years greater than the average remaining life of the refinanced principal; (vi) the issuance of debt securities with public registry in Argentina as of January 7, 2021, denominated and payable in foreign currency in Argentina, to the extent they were issued to refinance preexisting debts with an increase in the average life, when applicable, to the amount of refinanced capital, the interests accrued up to the date of refinancing, and, if the new debt securities do not register principal maturities in the first two years, an amount equivalent to the interest that would accrue in the first two years for the debt that is refinanced prior to maturity and/or for the postponement of the refinanced principal and/or for the interest that would accrue on the