Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for CenturyLink, Inc. > News item |
Fitch rates CenturyLink notes BB+
Fitch Ratings said it assigned a BB+/RR1 rating to CenturyLink, Inc.’s offering of $750 million of senior secured notes. Proceeds will be used to repay a portion of its senior secured credit facilities.
As of Sept. 30, and pro forma for subsequent refinancing transactions, including the current offering, CenturyLink had $550 million outstanding on its senior secured revolver and $7.041 billion outstanding on its senior secured term loans.
CenturyLink’s long-term issuer default rating is BB. The outlook is stable.
© 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.