SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of July 2020
Commission File Number: 001-13464
Telecom Argentina S.A.
(Translation of registrant’s name into English)
Alicia Moreau de Justo, No. 50, 1107
Buenos Aires, Argentina
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F | X |
| Form 40-F |
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes |
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| No | X |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes |
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| No | X |
Telecom Argentina S.A.
Item
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Buenos Aires, July 13, 2020
Comisión Nacional de Valores
Re.: Call to an Extraordinary Bondholders’ Meeting of the Fixed-Rate Class “A” Notes due June 15, 2021, to be held on August 5, 2020 on the first call
Dear Sirs,
I am writing to you in my capacity as Attorney-in-fact of Telecom Argentina S.A., to inform you that the Company’s Board of Directors, in a meeting held today, resolved to call an Extraordinary Bondholders’ Meeting of the Fixed-Rate Class “A” Notes due June 15, 2021, issued by Cablevisión S.A., a company of which Telecom Argentina S.A. is the surviving company after the merge (hereinafter, the “2021 Notes” and the “Meeting”).
The Bondholders´’ Meeting is called to be held on August 5, 2020 at 10:00 a.m. (Buenos Aires time), on the first call, in order to consider the amendments and/or elimination of the following terms and conditions of the 2021 Notes and the related clauses (or parts thereof) in the 2021 Notes Indenture:
1. Amendments to the definitions of the terms of the 2021 Notes and Indenture of the 2021 Notes. It is proposed that the definition of “Cable TV/Telecommunications Business” in “Section 1.1 (Definitions)” of the 2021 Notes’ Indenture be deleted in its entirety.
2. Amendments of the terms of the 2021 Notes and Article 4 of the 2021 Notes’ Indenture.
(a) It is proposed that Section 4.03 (Maintenance of Existence; Ratings) of the 2021 Notes’ Indenture be deleted in its entirety and replaced by the following: “Intentionally omitted”.
(b) It is proposed that Section 4.04 (Laws, Licenses and Permits) of the 2021 Notes’ Indenture be deleted in its entirety and replaced by the following: “Intentionally omitted”.
(c) It is proposed that Section 4.15 (Line and Conduct of Business) of the 2021 Notes’ Indenture be deleted in its entirety and replaced by the following: “Intentionally omitted”.
(d) It is proposed that Section 4.19 (Listing) of the 2021 Notes’ Indenture be deleted in its entirety and replaced by the following: “Intentionally omitted”.
3. Amendments to the terms of the 2021 Notes and Article 6 of the 2021 Notes’ Indenture.
(a) It is proposed that Section 6.01(e) (Events of Default) of the 2021 Notes’ Indenture be amended and restated as follows:
“(e) there occurs with respect to any Debt of the Company or any of its Significant Subsidiaries having an outstanding principal amount of U.S.$100 million (or the equivalent in other currencies) or more in the aggregate for all such Debt of all such Persons (1) an event of default that results in such Debt being due and payable prior to its scheduled maturity or (2) a default caused by a failure to make a principal payment when due and such defaulted payment is not made, waived or extended within the applicable grace period;
(b) It is proposed that Section 6.01(f) (Events of Default) of the 2021 Notes’ Indenture be deleted in its entirety and replaced by the following: “Intentionally Omitted”.
Sincerely,
| Telecom Argentina S.A. |
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| /s/ Andrea V. Cerdán |
| Attorney in Fact |
SIGNATURES
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.
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Date: July 13, 2020 | By: | /s/ Fernando J. Balmaceda | ||
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| Name: | Fernando J. Balmaceda |
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| Title: | Responsible for Market Relations |