| Nortel Inversora SA | |||
| Ticker: | NTL | San Martin 638 - Piso 2 | |
| Exchange: | New York Stock Exchange | Buenos Aires, ARGEN 1004 | |
| Industry: | Service (SIC Code 4812) | ||
| Type of Shares: | American Depositary Receipts | Filing Date: | ||
| U.S. Shares: | 6,000,000 | Offer Date: | 6/17/97 | |
| Non-U.S. Shares: | 0 | Filing Price: | - | |
| Primary Shares: | 6,000,000 | Offer Price: | $28.80 | |
| Secondary Shares: | 0 | Gross Spread: | ||
| Offering Amount: | $0 | Selling: | ||
| Expenses: | - | Reallowance: | ||
| Shares Out After: | - |
| Manager | Tier | Phone |
| J.P. Morgan Securities Inc. | Lead Manager | (212) 648-0517 |
| Business Description |
| The company owns 60% of Telecom Argentina STET-France de Telecom S.A. Telecom Argentina provides telecommunications services in northern Argentina. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |