Cincinnati Bell (CBB) announced that it plans to publicly offer $500 million aggregate principal amount of senior notes due 2017. The net proceeds of the offering will be used to call the company's outstanding 71/4% Senior Notes due 2013 pursuant to the call provision in an amount of $440 million plus accrued interest and call premium, as well as for other general corporate purposes. Morgan Stanley will act as the Lead Bookrunning Manager for the senior note offering.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.