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 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.