LITTLE ROCK, Ark. (AP) - Telecom service provider Windstream Corp. on Friday said note holders can exchange senior notes obtained in a February offering for new senior notes due 2019.
In February, the company announced plans to sell $500 million of its senior notes due 2019. Net proceeds were going to be used to repay $500 million outstanding under the term loan portion of its senior secured credit facility.
The offer for the new senior notes will expire May 9.
Windstream said transfer restrictions, registration rights and special interest will not apply to the new notes.
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