CenturyLink, Inc. (CTL), Monday announced its decision to sell $1.0 billion of newly-issued unsecured seven-year senior notes due in 2020.
The senior notes offering is expected to close on March 21, 2013, said CenturyLink.
In addition, the company intents to use proceeds from the offering to repay indebtedness outstanding under a $2 billion revolving credit facility and to repay its senior notes maturing on April 1, 2013.
For the offering, J.P. Morgan Securities LLC and Barclays Capital Inc. are serving as the joint physical book-running managers.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.