Telecom Argentina (TEO) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Telecom Argentina announced its intention to partially redeem a portion of its Class 1 Notes, amounting to $120 million, on December 20, 2024. The redemption will occur at a price of 102% of the principal amount plus accrued interest. This move reflects the company’s strategic financial management and could impact investor decisions in the telecommunications sector.
For further insights into TEO stock, check out TipRanks’ Stock Analysis page.