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Cincinnati Bell again stretches deadline on consent solicitations

Jul. 01, 2020 2:45 PM ETCincinnati Bell Inc. (CBB) StockCBBBy: Jason Aycock, SA News Editor2 Comments
  • Cincinnati Bell (CBB +0.5%) has again extended the expiration time on its recent consent solicitations.
  • Those solicitations cover its 7% senior notes due 2024 and 8% senior notes due 2025.
  • It had last extended the deadline to 5 p.m. NYC time on June 30; It's now extending that to 5 p.m. NYC time tomorrow, July 2.
  • As of yesterday, the company had consents with respect to $281.1M for its 2024 notes (44.98% of outstanding), and $174.1M of the 2025 notes (49.74%).

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