* Terminates cash tender offer for up to $1.4 bln

* Co expects to enter into pact with regulators

June 8 (Reuters) - Advanta Corp ADVNA.O ADVNB.O terminated its previously announced cash tender offer for up to $1.4 billion in senior notes as it recently determined that a regulatory condition for the tender offer will not be satisfied.

Advanta also expects to enter into an agreement with its regulators in the near term about its operations.

All tendered notes will be returned to the holders, the company said in a statement.

As a result of the termination, the company will not be able to complete all of the components of the plan which was intended to limit its credit loss exposure and maximize its capital and its liquidity measures, it said.

Advanta, however, expects to limit its credit losses through early amortization of its securitization trust, which will begin this month, and the closing of all customer accounts to future use that was effective May 30.

Class A shares of the company closed at 82 cents Monday on Nasdaq. They have shed more than 90 percent over the past 12 months. (Reporting by Sweta Singh in Bangalore; Editing by Deepak Kannan)