Consolidated Communications has completed its sale of US$300m of 10.875% senior notes due 2020.
The notes, which carry a coupon of 10.875% and were priced at 99.345%, will be used to finance the acquisition of SureWest. Interest on the notes is payable…
Consolidated Communications has completed its sale of US$300m of 10.875% senior notes due 2020.
The notes, which carry a coupon of 10.875% and were priced at 99.345%, will be used to finance the acquisition of SureWest. Interest on the notes is payable semi-annually, on 1 June and 1 December.
Morgan Stanley acted as sole underwriter for the issue.
