SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a or 15d - 16 of
the Securities Exchange Act of 1934
Press Release issued on February 4, 2004
EuroTel Bratislava, a.s.
(Exact name of co-registrant and parent guarantor as specified in its Articles of Association)
Vajnorská 100/A
831 03 Bratislava
Slovak Republic
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ¨ No x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with rule 12g3-2(b):82 N/A
EUROTEL BRATISLAVA ANNOUNCES SIGNING OF
SYNDICATED CREDIT FACILITIES
IN CONNECTION WITH POSSIBLE REFINANCING OF
€175 MILLION SENIOR GUARANTEED NOTES DUE 2007
Bratislava, Slovakia, February 5, 2004 – EuroTel Bratislava a.s. (“EuroTel” or “we”), a leading Slovak telecommunications company, announced today that it has entered into a series of Credit Agreements with Citibank, N.A. and Všeobecná úverová banka, a.s., a member of Gruppo Banca Intesa, as Mandated Lead Arrangers (collectively, the “Arrangers”); other participating banks as Lenders (collectively, the “Lenders”); and Citibank (Slovakia) a.s., as Agent (the “Agent”), to secure a series of credit facilities in an aggregate principal amount of up to Sk6 billion (€147.51 million), to provide funds for a possible early redemption (the “Redemption”) of all amounts outstanding under the €175 million Senior Secured Notes due 2007 (the “Notes”) issued by EuroTel’s subsidiary, Slovak Wireless Finance Company, B.V. (“SWFC”), pursuant to an Indenture entered into on March 23, 2000 (the “Indenture”) between EuroTel, SWFC and The Bank of New York, as trustee.
EuroTel further announced that its Earnings Teleconference, originally scheduled for Tuesday, February 10, 2004 at 15:00 CET, has been postponed to a later date, to be communicated in due course.
Pursuant to the provisions of the Indenture, SWFC may redeem the Notes starting in March 2004. For purposes of raising the funds necessary to redeem the total amount of Notes currently outstanding, EuroTel, the Arrangers, the Lenders and the Agent have executed two Credit Facility Agreements (the “Credit Agreements”) under which EuroTel may draw on up to Sk6 billion (€147.51 million) under a series of syndicated revolving and term credit facilities (the “Credit Facilities”). The respective commitments of the Arrangers and the Lenders under the Credit Agreements to provide EuroTel with any loans under the Credit Facilities remains subject to certain conditions precedent.
This notice is provided for informational purposes only and does not, nor is it intended to, constitute notice of early redemption with respect to any of the aforementioned Notes, and EuroTel makes no commitment to an early redemption of any of the Notes. In the event EuroTel should decide to proceed with the Redemption or any other early redemption as provided for in the Indenture, holders of the Notes will be notified thereof in the appropriate form in accordance with the terms of the Indenture.
| 1 | Unless otherwise noted, all monetary amounts presented are in Slovak Crowns (Sk). |
| Amounts in Euros (€) are presented as convenience translations only. |
| At February 4, 2004, €1.00 = Sk40.674. At February 4, 2003, €1.00 = 41.948 (source: National Bank of Slovakia). |
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For more information, contact:
| Ivan Bošňák | Marilena LaRosa | |
| Chief Financial Officer | Investor Relations | |
| +421-2-4955-5114 | +1-212-983-1702 x208 | |
| bosnaki@eurotel.sk | investor_relations@eurotel.sk |
Or consult our web page at:http://www.eurotel.sk
EuroTel (http://www.eurotel.sk) is a leading telecommunications company in the Slovak Republic, offering both mobile telecommunications services and managed data network services. As of December 31, 2003, the Company’s GSM and NMT mobile networks covered approximately 98% of the Slovak Republic’s population of 5.4 million. EuroTel is owned 51% by Slovak Telecom (http://www.telecom.sk), a subsidiary of Deutsche Telekom AG (Frankfurt, amtlicher Handel: DTE / NYSE: DT;http://www.telekom.de), and 49% by Atlantic West B.V., a joint venture between subsidiaries of Verizon Communications (NYSE: VZ; http://www.verizon.com) and AT&T Wireless Services, Inc. (NYSE: AWE;http://www.attws.com).
This press release contains statements about expected future events that are forward-looking and, therefore, subject to risks and uncertainties. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
Listed below are some important factors which could affect future results and could cause those results to differ materially from those expressed in the forward-looking statements: material adverse changes in the business environment in the Slovak Republic, such as the devaluation of the Slovak Crown, inflation levels above those in the U.S. or the EU and economic downturns; the effect of changes in the regulatory environment in the Slovak Republic; our ability to develop new technologies and recruit and retain qualified personnel; our ability to obtain the financing necessary to pursue business opportunities; and our ability to adapt to rapid technological changes and significant competition. You are cautioned not to place undue reliance on the aforementioned forward-looking statements, which speak only as of the date hereof and EuroTel undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
For the purposes of Regulation G, the information submitted to the SEC on this Form 6-K shall be deemed as issued by EuroTel contemporaneously outside and inside the United States and not specifically targeted at persons located in the United States.
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Date: February 5, 2004 | EuroTel Bratislava, a.s. | |||
| By: | /S/ ROBERT CHVÁTAL | |||
| Robert Chvátal | ||||
| Chief Executive Officer | ||||
| By: | /S/ IVAN BOšŇÁK | |||
| Ivan Bošňák | ||||
| Chief Financial Officer | ||||
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