CNSL » Topics » Redemption of Senior Notes

These excerpts taken from the CNSL 10-K filed Mar 17, 2008.
Redemption of Senior Notes
 
On February 26, 2008, we provided notice of our intention to call the outstanding senior notes on April 1, 2008. Under terms of the Indenture, the senior notes are callable at the outstanding principal amount plus a redemption premium of 4.875%, or approximately $6.3 million. We anticipate funding the redemption using proceeds from the delayed draw term loan and cash on hand.
 
Redemption
of Senior Notes



 



On February 26, 2008, we provided notice of our intention
to call the outstanding senior notes on April 1, 2008.
Under terms of the Indenture, the senior notes are callable at
the outstanding principal amount plus a redemption premium of
4.875%, or approximately $6.3 million. We anticipate
funding the redemption using proceeds from the delayed draw term
loan and cash on hand.


 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 17, 2008
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