Windstream to draw on credit facility for senior notes tender offer

By Sara Rosenberg

New York, Jan. 7 - Windstream Corp. plans on using borrowings under its revolving credit facility to help fund a tender offer for its $400 million of 7¾% senior notes due 2015, according to a news release.

Other funds for the offer will come from the issuance of $200 million of 7¾% senior notes due 2020.

The tender offer is scheduled to expire on Feb. 4.

Windstream is a Little Rock, Ark.-based communications and technology company.

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