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› Level 3 Completes Offering of $900 Million Aggregate Principal Amount of Senior Notes due 2024
Level 3 Completes Offering of $900 Million Aggregate Principal Amount of Senior Notes due 2024
2015-11-14 05:57:14| Telecom - Topix.net
Level 3 Financing's obligations under the Notes will be fully and unconditionally guaranteed on an unsecured basis by Level 3 Communications, Inc. The net proceeds from the offering, together with cash on hand, will be used to redeem all of Level 3 Financing's outstanding 8.625% Senior Notes due 2020 , including accrued interest, applicable premiums and expenses. Today, an irrevocable notice of redemption was distributed to holders of Level 3 Financing's 8.625% Senior Notes.
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Category:Telecommunications