Axtel S. A. B. De CV signed a credit agreement in the amount of $750 million (the Credit Agreement), which will be used to redeem all its outstanding 7.625% Senior Notes due 2017 (the 2017 Notes), its 9.00% Senior Notes due 2019 (the 2019 Notes) and its Senior Secured Notes due 2020 (the 2020 Notes). The redemption date for the 2017 Notes, the 2019 Notes and the 2020 Notes will be February 19, 2016.