Latest Maxcom Telecomunicaciones Sab De Cv (MXT) H
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Maxcom Telecomunicaciones names new CEO
M2 - Fri Nov 01, 6:30AM CDT
Maxcom Telecomunicaciones S.A.B. de C.V (NYSE: MXT)(BMV: MAXCOM.CPO), a facilities-based telecommunications provider, announced on Thursday the appointment of Enrique Ibarra Anaya as the company's new chief executive officer.
Maxcom Telecomunicaciones, S.A.B. de C.V. Appoints a New Chief Executive Officer
PR Newswire - Thu Oct 31, 10:25AM CDT
(NYSE: MXT, BMV: MAXCOM.CPO). Maxcom Telecomunicaciones, S.A.B. de C.V. ("Maxcom" or the "Company") announced today that its Board of Directors has appointed Mr. Enrique Ibarra Anaya as its new Chief Executive Officer.
Court approves Maxcom Telecomunicaciones prepackaged plan of reorganization
M2 - Wed Sep 11, 4:52AM CDT
Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT) said that the US Bankruptcy Court for the District of Delaware has confirmed the company's prepackaged Chapter 11 plan of reorganization.
Maxcom Telecomunicaciones, S.A.B. de C.V. Receives Bankruptcy Court Approval Of Prepackaged Plan Of Reorganization
PR Newswire - Tue Sep 10, 5:23PM CDT
Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT, BMV: MAXCOM.CPO) ("Maxcom," or the "Company") announced that the U.S. Bankruptcy Court for the District of Delaware today entered an order confirming the Company's prepackaged Chapter 11 plan of reorganization (the "Plan"). Confirmation of the Plan was fully-consensual: the only class of creditors entitled to vote overwhelmingly voted in favor of the Plan and no party objected to confirmation of the Plan.
Ventura Capital Announces That A Group Of Purchasers Has Made An Offer To Purchase All Of Maxcom's Outstanding Series A Common Stocks, Ordinary Participation Certificates And American Depository Shares.
PR Newswire - Fri Aug 23, 8:00AM CDT
Ventura Capital Privado, S.A. de C.V., a sociedad anonima de capital variable, organized and existing under the laws of the United Mexican States ("Ventura Capital") today announced that Banco Invex S.A., Institucion de Banca Multiple, Invex Grupo Financiero, a banking institution organized and existing under the laws of the United Mexican States, as Trustee for the Trust 1387 (the "Trust"), Ventura Capital, Javier Molinar Horcasitas ("Javier Molinar") and Enrique Castillo Sanchez Mejorada ( together with the Trust, Ventura Capital and Javier Molinar, the "Purchasers"), have made an offer in the U.S. (the "U.S. Equity Offer") to purchase all of the outstanding Series A Common Stock, without par value (the "Shares") of Maxcom Telecomunicaciones, S.A.B. de C.V. ("Maxcom"), at a price of Ps. 0.9666 per Share, (ii) all of the outstanding Ordinary Participation Certificates ("CPOs") of Maxcom, at a price of Ps. 2.90 per CPO, and (iii) all of the outstanding American Depository Shares of Maxcom ("ADSs" and collectively with the Shares and CPOs, the Securities"), at a price of Ps. 20.30 per ADS, in each case held by persons who are not Mexican residents. Each ADS represents seven CPOs. Each CPO represents three Shares. The U.S. Equity Offer will expire at 12:00 midnight, New York City time (11:00 p.m., Mexico City time) on September 26, 2013, unless extended by the Purchasers. Simultaneously with the commencement of the U.S. Equity Offer, the Purchasers are offering to purchase all of the outstanding Shares and CPOs of Maxcom in Mexico, in each case, including those held by U.S. residents (together with the U.S. Equity Offer, the "Equity Tender Offer").
Maxcom Telecomunicaciones gets court approval of motions bankruptcy case
M2 - Mon Jul 29, 11:08AM CDT
Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT) said that the US Bankruptcy Court for the District of Delaware has approved several first day motions filed by the company, allowing it to pay employees and vendors, among other things.
Maxcom Telecomunicaciones, S.A.B. de C.V. Furthers Emergence Strategy With Court Approval Of First Day Motions In Its Prepackaged Chapter 11 Cases
PR Newswire - Fri Jul 26, 7:00AM CDT
Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT, BMV: MAXCOM.CPO) ("Maxcom," or the "Company") announced that the U.S. Bankruptcy Court for the District of Delaware approved several first day motions filed by the Company, allowing it to, among other things, pay employees and vendors.
Maxcom Telecomunicaciones, S.A.B. de C.V. Files Voluntary Prepackaged Chapter 11 Cases to Implement a Recapitalization and Debt Restructuring with Ventura Capital Privado, Certain Holders of 11% Senior Notes, and Certain of its Current Equity Holders
PR Newswire - Wed Jul 24, 8:23AM CDT
Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT, BMV: MAXCOM.CPO) ("Maxcom," or the "Company") announced that it commenced voluntary prepackaged Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware on July 23, 2013 to implement its previously announced recapitalization and debt restructuring.
Maxcom Telecomunicaciones agrees on recapitalization deal with Ventura Capital Privado
M2 - Fri Jul 05, 8:08AM CDT
Maxcom Telecomunicaciones (NYSE: MXT) said it has negotiated the terms of a comprehensive recapitalization and debt restructuring that is expected to reduce Maxcom's debt service expense and position Maxcom for growth with a USD45m capital infusion.
Maxcom Telecomunicaciones, S.A.B. de C.V. Announces Agreement On Recapitalization And Debt Restructuring With Ventura Capital Privado, Certain Holders Of 11% Senior Notes, And Certain Of Its Current Equity Holders
PR Newswire - Wed Jul 03, 5:00PM CDT
Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT, BMV: MAXCOM.CPO) ("Maxcom", or the "Company") announced today that it has negotiated the terms of a comprehensive recapitalization and debt restructuring that is expected to significantly reduce Maxcom's debt service expense and position Maxcom for growth with a US$45 million capital infusion.
Maxcom Telecomunicaciones misses interest payment
M2 - Wed Jun 19, 8:03AM CDT
Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT) reported it intends to utilize a 30-day grace period with respect to its scheduled interest payment of approximately USD11m on its 11% senior notes due 2014 to allow the company to continue discussions with a new investor and certain of the noteholders to recapitalize and reorganize the company's debt.
Maxcom Telecomunicaciones, S.A.B. de C.V. Announces Missed Interest Payment to Holders of 11% Senior Notes; Maxcom Intends to Use Grace Period to Implement a Strategic Recapitalization
PR Newswire - Tue Jun 18, 7:30AM CDT
Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT, BMV: MAXCOM.CPO) ("Maxcom", or the "Company") announced yesterday that it intends to utilize a 30-day grace period with respect to today's scheduled interest payment of approximately US$11 million on its 11% Senior Notes due 2014 (the "Senior Notes") to allow the Company to continue discussions with a new investor and certain of the noteholders to recapitalize and reorganize the Company's debt.
WEALTHMAKERS.COM Issues Bullish Research Reports on MXT, SAI, TSPT, VOCS
M2 - Mon May 27, 11:03AM CDT
WEALTHMAKERS.COM / www.wealthmakers.com , a Wall Street research and trading firm providing unbiased statistical stock market predictions to empower investors, securities professionals and public company employees to make precise, predictive and profitable trading decisions, has issued new research reports today on the following stocks: Maxcom Telecomunicaciones SAB De CV (NYSE:MXT), SAIC Inc (NYSE:SAI), Transcept Pharmaceuticals Inc (NASDAQ:TSPT), Vocus Inc (NASDAQ:VOCS)
Maxcom debt exchange offer fails to be consummated
M2 - Fri Apr 26, 8:22AM CDT
Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT) announced that the exchange offer for any and all of its outstanding 11% senior notes due 2014 for its Step-Up senior notes due 2020 (the "New Notes) expired at 5: 00 p.m. New York City time on April 24, 2013.
Ventura Capital extends tender offer for Maxcom stock
M2 - Fri Apr 12, 11:45AM CDT
. Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT) reported that Ventura Capital Privado has extended its tender offer to purchase the outstanding series A common stock of Maxcom.
Extension of the Tender Offer for Securities of Maxcom
PR Newswire - Thu Apr 11, 11:14AM CDT
(NYSE: MXT, BMV: MAXCOM.CPO). Maxcom Telecomunicaciones, S.A.B. de C.V. ("Maxcom" or the "Company") today announced that Ventura Capital Privado S.A. de C.V. ("Ventura"), on behalf of Trust Number 1387 (the "Trust" and, collectively with Ventura, Javier Molinar Horcasitas and Enrique Castillo Sanchez Mejorada, the "Purchaser") has extended its tender offer to purchase for cash all of the outstanding Series A Common Stock (the "Shares"), including such shares represented by ordinary participation certificates (certificados de participacion ordinarios) ("CPOs") and American Depositary Shares ("ADSs" and collectively with the Shares and the CPOs, the "Securities"), of Maxcom. The tender offer, which was scheduled to expire at 12:00 midnight, New York City time on Wednesday, April 10, 2013, has been extended until 12:00 midnight, New York City time, on April 24, 2013, unless further extended in accordance with the terms of the tender offer. Based on the preliminary count by the depositary for the tender offer,
Maxcom Announces Increase In Coupon Rate And Extension Of The Exchange Offer
PR Newswire - Thu Apr 11, 8:00AM CDT
(NYSE: MXT, BMV: MAXCOM.CPO) - Maxcom Telecomunicaciones, S.A.B. de C.V. ("Maxcom" or the "Company") announced today that it has extended, amended and supplemented the pending exchange offer (the "Exchange Offer") for any and all of its outstanding 11% Senior Notes due 2014 (the "Old Notes") for its Step-Up Senior Notes due 2020 (the "New Notes").
Maxcom Announces Extension Of The Exchange Offer And Amendments And Supplements To Offering Memorandum And Consent Solicitation Statement
PR Newswire - Wed Mar 27, 8:52PM CDT
(NYSE: MXT, BMV: MAXCOM.CPO) - Maxcom Telecomunicaciones, S.A.B. de C.V. ("Maxcom" or the "Company") announced today that it has extended, amended and supplemented the pending exchange offer (the "Exchange Offer") for any and all of its outstanding 11% Senior Notes due 2014 (the "Old Notes") for its Step-Up Senior Notes due 2020 (the "New Notes").
Maxcom Announces Early Participation Results Of Exchange Offer
PR Newswire - Thu Mar 14, 8:00AM CDT
(NYSE: MXT, BMV: MAXCOM.CPO) - Maxcom Telecomunicaciones, S.A.B. de C.V. ("Maxcom" or the "Company") announced today that the exchange agent in the exchange offer (the "Exchange Offer") for any and all of the Company's outstanding 11% Senior Notes due 2014 (the "Old Notes") for its new Step-Up Senior Notes due 2020 (the "New Notes") has advised the Company that as of 5:00 p.m., New York City Time, on March 13, 2013, approximately US$120,172,000, or 60.09%, of the Old Notes had been validly tendered and not withdrawn in the Exchange Offer.