NETC Announces the Payment of Net Sul's Notes
06 April 2006 - 2:08AM
PR Newswire (US)
SAO PAULO, Brazil, April 5 /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), publicly announces, under the terms of
Instruction # 358/02 issued by CVM - Brazilian Securities
Commission, that today the Company accomplished the full prepayment
of the financial indebtedness issued under the terms of the capital
restructuring process liquidating the Senior Secured Notes and the
Senior Secured Floating Rate Notes (together "Notes") issued by Net
Sul Comunicacoes Ltda. ("Net Sul"), a subsidiary of NET fulfilling
clause 3.3.1 ("Use of Proceeds") of the 5th debentures issuance
indenture. DATASOURCE: Net Servicos de Comunicacao S.A. CONTACT:
Net Servicos Investor Relations, Marcio Minoru, +5511-2111-2811, ,
or Sandro Pina, +5511-2111-2721,
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