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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 17, 2000
IMPSAT FIBER NETWORKS, INC.
IMPSAT S.A.
(Exact name of registrant as specified in its charter)
Delaware
Argentina
(State or other jurisdiction of incorporation)
<TABLE>
<S> <C>
52-1910372
333-12977 Not Applicable
(Commission File Number) (IRS Employer Identification Number)
</TABLE>
Alferez Pareja 256 (1107)
Buenos Aires, Argentina
(Address of Principal Executive Offices)
(5411) 4300-4007
(Telephone Number, Including Area Code)
(Not Applicable)
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
IMPSAT Fiber Networks, Inc. made a public announcement on February
16, 2000 of the consummation on February 16, 2000 of the sale of US$300,000,000
13-3/4% Senior Notes due 2005 pursuant to Rule 144A under the U.S. Securities
Act of 1933, as amended. The public announcement was made by means of a news
release, the text of which is set forth in Exhibit 99.1 hereto.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
The following exhibits are filed as a part of this report:
EXHIBIT NO.
99.1 News release. Filed herewith.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrants have duly caused this report to be signed on their behalf by the
undersigned hereunto duly authorized.
IMPSAT FIBER NETWORKS, INC.
By /s/ Guillermo Jofre
--------------------
Guillermo Jofre
Chief Financial Officer
IMPSAT S.A.
By /s/ Guillermo Jofre
--------------------
Guillermo Jofre
Finance Manager
Date: February 17, 2000
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EXHIBIT INDEX
EXHIBIT NO.
99.1 News release. . Filed herewith.
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FOR IMMEDIATE RELEASE
For More Information Contact:
Guillermo Jofre, Chief Financial Officer
IMPSAT Fiber Networks, Inc.
Buenos Aires, Argentina
Tel: 54.11.4300.4007, ext. 3500 or
Tel: 54.11.4415.2011
www.impsat.com
or
Joe Mileti / Robin Weinberg
Citigate Dewe Rogerson Inc.
212.688.6840
[IMPSAT LOGO]
IMPSAT FIBER NETWORKS, INC. ANNOUNCES THE LAUNCH OF US$300 MILLION IN 5-YEAR
SENIOR NOTES
New York - February 16, 2000 -- IMPSAT Fiber Networks, Inc. (NASDAQ: IMPT)
announced the consummation today of the sale of US$300,000,000 13 3/4% Senior
Notes due 2005 pursuant to Rule 144A under the U.S. Securities Act of 1933, as
amended.
IMPSAT intends to use the net cash proceeds from the offering of the notes for
planned capital expenditures, including the further build-out of IMPSAT's
pan-Latin American broadband network. Upon completion, the network will enable
IMPSAT to provide high capacity, high-speed telecommunications and data services
across the region. The funds will also be used for general corporate purposes.
The notes were sold pursuant to an applicable exemption from the registration
requirements of the Securities Act and may not be offered or sold in the United
States absent registration or an applicable exemption from the Securities Act's
registration requirements.
ABOUT IMPSAT
IMPSAT Fiber Networks, Inc. is a leading provider of Internet and private
network integrated data and voice telecommunications services in Latin America.
IMPSAT is building an extensive pan-Latin American high capacity broadband
network using advanced technologies, including IP/ATM switching, DWDM, and
non-zero dispersion fiber optics. IMPSAT provides services to more than 1,700
national and multinational companies, government entities and wholesale services
to carriers, ISPs and other service providers throughout the region. The company
currently has operations in Argentina, Colombia, Venezuela, Ecuador, Mexico,
Brazil and the United States.
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Statements made in this press release that state IMPSAT's intentions, beliefs,
expectations, or predictions for the future are forward-looking statements. It
is important to note that the company's actual results could differ materially
from those projected in such forward-looking statements. Information concerning
factors that could cause actual results to differ materially from those in the
forward-looking statements is contained in the company's filings with the U.S.
Securities and Exchange Commission (SEC). Copies of these filings may be
obtained by contacting IMPSAT or the SEC.
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