VIATEL INC
8-K, EX-99.1, 2000-10-05
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
Previous: VIATEL INC, 8-K, 2000-10-05
Next: TARGET RECEIVABLES CORP, 8-K, 2000-10-05




                                                                    EXHIBIT 99.1

Glenn Davidson, Senior Vice President, Corporate
      Communications & External Affairs
Cindy Glynn, Director, Investor Relations
+1-212-350-9200



FOR IMMEDIATE RELEASE

                       VIATEL, INC. EXTENDS EXCHANGE OFFER

     New  York,  New  York -  October  5,  2000 -  Viatel,  Inc.  (Nasdaq:VYTL),
today announced  the extension of its offer to exchange its  outstanding  12.75%
Senior Euro Notes Due 2008 for a like principal amount of its 12.75% Senior Euro
Notes Due 2008, which have been registered under the Securities Act of 1933. The
exchange  offer has been  extended  through  5:00 p.m.,  New York City time,  on
October 20, 2000. The extension was made for the purpose of allowing the holders
an additional  opportunity  to exchange  their  existing  notes for   registered
exchange notes.

     Headquartered  in New York,  New York,  Viatel,  Inc. is a rapidly  growing
provider of "All  Distance,  All  Services"  (TM)  integrated  telecommunication
services to individuals,  corporations, ISPs, ASPs and other carriers in Western
Europe and North America.


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission