US telco CenturyLink plans to issue a private US$500m fixed-rate senior note offering which will mature in 2025, subject to market conditions.
Proceeds from the offering will be used to repay outstanding debt under its revolving credit facility, which…
US telco CenturyLink plans to issue a private US$500m fixed-rate senior note offering which will mature in 2025, subject to market conditions.
Proceeds from the offering will be used to repay outstanding debt under its revolving credit facility, which partly went towards the repayment of its senior notes that matured in mid-February 2015.
The company said that it has not yet entered into a definitive purchase agreement with respect to the offering, adding that no assurance can be given that such offering will be completed.
Monroe-based CenturyLink provides data, voice and managed services in local, national and select international markets through its fibre optic network and multiple data centres for businesses and consumers.
