BORROWINGS - Notes of Telecom Argentina (Details)
$ in Millions |
1 Months Ended |
12 Months Ended |
13 Months Ended |
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May 31, 2025
USD ($)
installment
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Oct. 31, 2024
USD ($)
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Jul. 31, 2024
USD ($)
installment
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Aug. 31, 2020
USD ($)
installment
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Dec. 31, 2025
ARS ($)
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Dec. 31, 2025
USD ($)
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Dec. 31, 2024
ARS ($)
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Dec. 31, 2023
ARS ($)
installment
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Dec. 31, 2025
ARS ($)
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Dec. 31, 2025
USD ($)
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Sep. 17, 2025
USD ($)
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Jul. 31, 2025
USD ($)
installment
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Nov. 30, 2024
USD ($)
installment
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Aug. 31, 2024
USD ($)
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Jun. 30, 2024
USD ($)
installment
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Dec. 31, 2023
USD ($)
installment
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Nov. 30, 2023
ARS ($)
installment
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Nov. 30, 2023
USD ($)
installment
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Jul. 31, 2023
USD ($)
installment
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Jun. 30, 2023
USD ($)
installment
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Feb. 28, 2023
USD ($)
installment
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Aug. 31, 2022
USD ($)
installment
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Mar. 31, 2022
USD ($)
installment
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Dec. 31, 2021
ARS ($)
installment
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Jan. 31, 2021
ARS ($)
installment
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Jul. 31, 2019
USD ($)
installment
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Dec. 28, 2017
USD ($)
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| BORROWINGS |
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| Borrowings |
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$ 5,436,615.0
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$ 3,785,980.0
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$ 6,096,182.0
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$ 5,436,615.0
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| Net proceeds |
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3,959,692.0
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1,573,995.0
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1,111,970.0
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| Repayments |
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2,583,267.0
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1,474,844.0
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$ 654,722.0
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| Repurchase of Notes |
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(15,011.0)
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(34,913.0)
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| Fixed interest rate |
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| BORROWINGS |
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| Borrowings |
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4,296,342.0
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2,707,546.0
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4,296,342.0
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| Variable interest rate |
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| BORROWINGS |
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| Borrowings |
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903,054.0
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362,772.0
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903,054.0
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| Term Notes | Telecom Argentina | Maximum |
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| BORROWINGS |
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| Amount of maximum borrowing capacity |
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$ 4,200,000,000
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$ 3,000,000,000
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| Series 1 | Telecom Argentina |
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| BORROWINGS |
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| Borrowings |
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$ 162,700,000
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| Principal and payment of interest |
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$ 133,000,000
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| Series 1 | Denominated in USD | Telecom Argentina |
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| BORROWINGS |
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| Amount involved |
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$ 400,000,000
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| Number of installments | installment |
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1
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| Borrowings |
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243,772.0
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225,368.0
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243,772.0
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| Series 1 | Fixed interest rate | Denominated in USD | Telecom Argentina |
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| BORROWINGS |
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| Interest rate |
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8.00%
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| Series 3 | Telecom Argentina |
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| BORROWINGS |
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| Principal and payment of interest |
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5,000,000
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| Series 5 | Telecom Argentina |
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| BORROWINGS |
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| Repayments |
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20,000,000
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| Gain (Loss) on repurchase of debt notes |
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535,000,000
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| Series 5 | Denominated in USD | Telecom Argentina |
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| BORROWINGS |
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| Amount involved |
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$ 389,000,000
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| Number of installments | installment |
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4
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| Borrowings |
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158,168.0
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| Series 5 | Denominated in USD | Installment payable on 02/2023 | Telecom Argentina |
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| BORROWINGS |
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| Percentage of installment payment |
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3.00%
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| Series 5 | Denominated in USD | Installment payable on 08/2023 | Telecom Argentina |
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| BORROWINGS |
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| Percentage of installment payment |
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30.00%
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| Series 5 | Denominated in USD | Installment payable on 08/2024 | Telecom Argentina |
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| BORROWINGS |
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| Percentage of installment payment |
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33.00%
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| Series 5 | Denominated in USD | Installment payable on 08/2025 | Telecom Argentina |
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| BORROWINGS |
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| Percentage of installment payment |
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34.00%
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| Series 5 | Fixed interest rate | Denominated in USD | Telecom Argentina |
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| BORROWINGS |
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| Interest rate |
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8.50%
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| Series 8 | Denominated in USD | Telecom Argentina |
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| BORROWINGS |
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| Borrowings |
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7,697.0
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5,851.0
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7,697.0
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| Series 8 | Denominated in ARS | Telecom Argentina |
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| BORROWINGS |
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| Amount involved |
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$ 134.0
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| Number of installments | installment |
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1
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| Borrowings |
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222,535.0
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| Gain (Loss) on repurchase of debt notes |
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70.0
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| Series 8 | Fixed interest rate | Denominated in ARS | Telecom Argentina |
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| BORROWINGS |
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| Interest rate |
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4.00%
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| Series 10 | Denominated in USD | Telecom Argentina |
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| BORROWINGS |
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| Number of installments | installment |
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1
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| Series 10 | Denominated in ARS | Telecom Argentina |
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| BORROWINGS |
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| Amount involved |
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$ 127.0
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| Interest rate |
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0.00%
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| Borrowings |
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216,579.0
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| Series 12 | Denominated in USD | Telecom Argentina |
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| BORROWINGS |
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| Amount involved |
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$ 75,000,000
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$ 23,000,000
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| Number of installments | installment |
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1
|
1
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| Borrowings |
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|
146,499.0
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|
139,900.0
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146,499.0
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| Series 12 | Fixed interest rate | Denominated in USD | Telecom Argentina |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.00%
|
1.00%
|
|
|
|
|
| Series 14 | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 62,400,000
|
|
|
|
|
|
|
| Number of installments | installment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
| Borrowings |
|
|
|
|
90,870.0
|
|
84,803.0
|
|
90,870.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 14 | Fixed interest rate | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.00%
|
|
|
|
|
|
|
| Series 15 | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 87,400,000
|
|
|
|
|
|
|
|
| Number of installments | installment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00%
|
|
|
|
|
|
|
|
| Borrowings |
|
|
|
|
129,966.0
|
|
127,784.0
|
|
129,966.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 16 | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 180,400,000
|
|
|
|
|
|
|
|
|
| Number of installments | installment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00%
|
|
|
|
|
|
|
|
|
| Borrowings |
|
|
|
|
|
|
256,523.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 18 | Denominated in ARS | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 75.0
|
|
|
|
|
|
|
|
|
|
|
| Number of installments | installment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
1
|
|
|
|
|
|
|
|
|
|
| Borrowings |
|
|
|
|
142,973.0
|
|
151,477.0
|
|
142,973.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 18 | Fixed interest rate | Denominated in ARS | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.00%
|
1.00%
|
|
|
|
|
|
|
|
|
|
| Series 19 | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 30,900,000
|
|
$ 34,600,000
|
|
|
|
|
|
|
|
|
|
| Number of installments | installment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
1
|
|
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00%
|
0.00%
|
|
|
|
|
|
|
|
|
|
| Borrowings |
|
|
|
|
107,253.0
|
|
114,776.0
|
|
107,253.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 20 | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-Cash proceeds from borrowings |
|
|
|
|
9,128.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Gain (Loss) on extinguishment of debt |
|
|
|
|
0.5
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 20 | Telecom Argentina | Current currency |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-Cash proceeds from borrowings |
|
|
|
|
14,545.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 20 | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 59,700,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of installments | installment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
| Borrowings |
|
|
|
|
119,621.0
|
|
113,673.0
|
|
119,621.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-Cash proceeds from borrowings |
|
|
|
|
9.8
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 20 | Fixed interest rate | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 20 (1) | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 21,600,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 21 | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Funds amounting |
|
704,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Gain (Loss) on extinguishment of debt |
|
|
|
|
|
$ 337,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 21 | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of installments | installment |
|
|
3
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 21 | Denominated in USD | installment payable on 07/2030 | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Percentage of installment payment |
|
|
33.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 21 | Denominated in USD | installment payable on 07/2031 | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Percentage of installment payment |
|
|
34.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 21 | Fixed interest rate | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate |
|
|
9.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 21 (1) | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
$ 500,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 21 (1) | Denominated in USD | installment payable on 07/2029 | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Percentage of installment payment |
|
|
33.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 21 (2) | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
$ 115,300,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 21 (2) | Telecom Argentina | Current currency |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
157,923,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 21 (2) | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
$ 115,300,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Borrowings |
|
|
|
|
1,233,708.0
|
|
1,150,093.0
|
|
1,233,708.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 21 (3) | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
2,697,000,000
|
|
|
|
$ 1,900,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 21 (3) | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
|
|
|
|
1,900,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 21 (4) | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
200,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 22 | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 33,700,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of installments |
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Borrowings |
|
|
|
|
49,170.0
|
|
45,968.0
|
|
49,170.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 22 | Fixed interest rate | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
2.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 23 | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
|
|
$ 57,961,000,000
|
$ 75,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of installments | installment |
|
|
|
|
|
|
|
1
|
|
|
|
|
1
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
| Borrowings |
|
|
|
|
109,654.0
|
|
$ 102,099.0
|
|
109,654.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 23 | Fixed interest rate | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
7.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 24 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
200,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 24 | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of installments | installment |
2
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 24 | Denominated in USD | installment payable on 05/2032 | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Percentage of installment payment |
50.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 24 | Denominated in USD | installment payable on 05/2033 | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Percentage of installment payment |
50.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 24 (1) | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
800.0
|
|
|
|
800.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net proceeds |
|
|
|
|
1,057,344.0
|
$ 785,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Notes and debentures issued |
|
|
|
|
|
|
|
|
|
789,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 24 (1) | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
$ 800,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 24 (2) | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Notes and debentures issued |
|
|
|
|
300,999.0
|
|
|
|
300,999.0
|
208,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt issuance cost |
|
|
|
|
299,531.0
|
|
|
|
299,531.0
|
$ 207,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 24 (2) | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
|
|
$ 200,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
|
|
|
|
|
|
|
|
9.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Borrowings |
|
|
|
|
1,446,139.0
|
|
|
|
1,446,139.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 25 | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount involved |
|
|
|
|
|
|
|
|
|
|
|
$ 51,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of installments | installment |
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
|
|
|
|
|
|
|
|
7.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Borrowings |
|
|
|
|
74,459.0
|
|
|
|
74,459.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 26 | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Borrowings |
|
|
|
|
$ 62,649.0
|
|
|
|
$ 62,649.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series 26 | TAMAR | Denominated in USD | Telecom Argentina |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate basis |
|
|
|
|
|
|
|
|
|
|
|
|
4.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Inter-American Investment Corporation (IIC) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Repayments |
|
135,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loan from International Finance Corporation (IFC) and Inter American Investment Corporation (IIC) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| BORROWINGS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Repayments |
|
$ 342,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|