Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers L > Headlines for Level 3 Communications, Inc. > News item |
Level 3 to redeem $500 million of 8 5/8% notes due 2020 via new issue
By Susanna Moon
Chicago, Oct. 29 – Level 3 Communications, Inc. announced plans to redeem $500 million of Level 3 Financing, Inc.’s $900 million principal amount of 8 5/8% senior notes due 2020.
Funding for the redemption will come from proceeds of Level 3 Financing’s offering of $500 million senior notes due 2024, according to a company notice.
Level 3 is a Broomfield, Colo.-based provider of communications services.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.