Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com

Legal News

Axtel Completes Acquisition of Avantel

Date: 12/04/06

Cahill represented Axtel, S.A.B. de C.V in connection with a $520,000,000 financing comprised of a $315,000,000 Bridge Loan, MXP1,042,362,416 unsecured Term Loan and $110,200,000 unsecured Term Loan to fund its acquisition of Avantel. Completion of the acquisition consolidated Axtel's position as the second-largest fixed-line integrated telecommunications company in Mexico.

Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com