Sunday, June 29, 2003

XO Acquires More of Global Crossing's Debt

Through the tender offer that expired on 27-June-2003, XO Communications acquired approximately $495 million principal amount of Global Crossing's Senior Secured Loans. With the tendered amount, XO will own approximately $790 million principal amount of the approximately $2.214 billion of such loans outstanding.
http://www.xo.com

See also