TO: BBVA Banco Francés S.A., as Arranger, Agent and Lender under the Agreement (as defined below)Prepayment and Waiver Agreement • March 7th, 2013 • Telecom Italia S P A • Communications services, nec
Please find below our proposal to enter into a Prepayment and Waiver Agreement in connection with the Pesos 341,000,000 Senior Secured Syndicated Credit Facility dated as of October 25, 2011, by and between Tierra Argentea S.A. (formerly denominated “Inversiones Milano S.A.” as Borrower), BBVA Banco Francés S.A., as Arranger, Agent and Lender. If the terms described below are acceptable to you, please proceed as indicated in Section 5 below, which shall be considered an irrevocable acceptance by the Arranger, the Agent and the Lender of the terms and conditions set forth in this proposal.
