This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cincinnati Bell Announces Early Results Of Tender Offers

Cincinnati Bell Inc. (NYSE:CBB) today announced that as of 5:00 p.m., New York City time, on November 9, 2012 (the “Early Tender Date”), the principal amounts listed in the table below of its 8.375% Senior Notes due 2020 (CUSIP No. 171871AN6) (the “2020 Notes”) and its 8.25% Senior Notes due 2017 (CUSIP No. 171871AL0) (the “2017 Notes” and, together with the 2020 Notes, the “Notes”) had been tendered in connection with its previously announced cash tender offers for up to a maximum aggregate purchase price of $100,000,000 (the “Maximum Purchase Price”) of outstanding Notes.

CUSIP Number   Title of Security  

Acceptance Priority Level

 

Outstanding Principal Amount Prior to Early Tender Date

 

Principal Amount Tendered

171871AN6

 

8.375% Senior Notes due 2020

  1   $775,000,000   $475,817,000

171871AL0

 

8.250% Senior Notes due 2017

  2   $500,000,000   $379,482,000

The terms and conditions of the tender offers are described in the Offer to Purchase and related Letter of Transmittal, dated October 29, 2012, distributed to holders of the Notes. Payments of the consideration for the Notes validly tendered on or before the Early Tender Date and accepted for purchase are expected to be made on or about November 20, 2012.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs