NETC Announces Request to CVM of the Register for Its 5th Debentures Issuance
July 28 2005 - 9:15PM
PR Newswire (US)
NETC Announces Request to CVM of the Register for Its 5th
Debentures Issuance SAO PAULO, Brazil, July 28
/PRNewswire-FirstCall/ -- Net Servicos de Comunicacao S.A. (Nasdaq:
NETC; Bovespa: NETC4 and NETC3; and Latibex: XNET) the largest
Pay-TV multi-service operator in Latin America, and an important
provider of bi-directional broadband Internet access (Virtua),
informs that on July 28, 2005, the Company requested to CVM the
register for its 5th debentures issuance. Through this issuance,
the Company aims to replace the current outstanding debt resulting
in longer maturity, foreign exchange risk elimination and removal
of certain existing obligations, which could limit its growth in a
more stable operational scenario. DATASOURCE: Net Servicos de
Comunicacao S.A. CONTACT: Marcio Minoru, +5511-2111-2811, , or
Sandro Pina, +5511-2111-2721, , both of Net Servicos Investor
Relations
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