Telco Windstream announced on 30 March that its public tender offer for US$1.1bn of its 8.625% senior notes due in 2016 had expired.
The offer expired at midnight on 29 March, by which time Windstream had received tenders worth US$1.036bn of the…
Telco Windstream announced on 30 March that its public tender offer for US$1.1bn of its 8.625% senior notes due in 2016 had expired.
The offer expired at midnight on 29 March, by which time Windstream had received tenders worth US$1.036bn of the notes.
The tender offer was arranged by Citigroup and Wells Fargo.
A Windstream spokesperson told TelecomFinance that the company was conducting this tender offer “so we could opportunistically refinance a large portion of the 2016 notes”.