Fintech Telecom commences tender offer for Telecom Argentina Class B shares

Fintech Telecom, LLC and affiliates Fintech Advisory Inc. and David Martínez have commenced an all-cash tender offer in the US for outstanding Class B Shares held by US holders and all outstanding American depositary shares of Telecom Argentina SA, the company said.

Fintech Telecom is making an offer in accordance with the tender offer rules of the Republic of Argentina, to purchase all outstanding Class B Shares of Telecom Argentina not owned by Fintech or its affiliates.

The US offer will expire October 21, 2016.