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Lumos Networks Corp. Prices Public Offering Of Common Stock By Quadrangle

Stocks in this article: LMOS

Lumos Networks Corp. (“Lumos Networks” or the “Company”) (Nasdaq: LMOS), a fiber-based service provider of data, voice and IP-based telecommunication services in the Mid-Atlantic region, today announced the pricing of the public offering of 2,512,121 shares of Lumos Networks common stock at a public offering price of $20.00 per share. All of the shares of common stock are being offered by Quadrangle Capital Partners L.P. and their affiliated entities. These stockholders also have granted the underwriters an option to purchase up to an additional 376,818 shares. The Company will not receive any proceeds from the offering.

Wells Fargo Securities, LLC and Cowen and Company, LLC are the joint book-running managers for the offering. D.A. Davidson & Co., Canaccord Genuity Inc. and Drexel Hamilton, LLC are acting as co-managers for the offering. The public offering is being made only by means of a prospectus, which may be obtained by contacting Wells Fargo Securities, LLC, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, at (800) 326-5897 or email request to cmclientsupport@wellsfargo.com or Cowen and Company, LLC c/o Broadridge Financial Solutions, Prospectus Department, 1155 Long Island Avenue, Edgewood, New York 11717, at (631) 274-2806 (telephone) or (631) 254-7140 (fax).

A registration statement (including a prospectus) relating to the offering of the common stock has previously been filed with the Securities and Exchange Commission and has become effective. Before investing, you should read the prospectus and other documents filed with the Securities and Exchange Commission for information about Lumos Networks. This news release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any State or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State or jurisdiction.

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