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CenturyLink offers $750M private offering of senior notes

|About: CenturyLink, Inc. (CTL)|By: , SA News Editor

CenturyLink (NYSE:CTL) to offer $750M of fixed-rate seven-year unsecured senior notes in a proposed private offering.

The company plans to use the net proceeds together with cash on hand, to redeem all $850M of outstanding 6.875% Senior Notes due 2033 issued by its wholly owned subsidiary, Qwest Corporation.

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