Tag Archives: WIN

WindStream seeking to amend its senior secured revolving credit facility

Windstream Corp. (Nasdaq: WIN), headquartered in Little Rock, Ark. claims the protection of the safe-harbor contained in the Private Securities Litigation Reform Act of 1995 for forward-looking statements set forth in this press release. Forward-looking statements are subject to uncertainties that could cause actual future events and results to differ materially from those expressed in the forward-looking statements. These forward-looking statements are based on estimates, projections, beliefs, and assumptions that Windstream believes are reasonable but are not guarantees of future events and results. Actual future events and results of Windstream may differ materially from those expressed in these forward-looking statements as a result of a number of important factors.

Factors that could cause actual results to differ materially from those contemplated in Windstream’s forward-looking statements include, among others:

Windstream announces proposed private offering of $500 million of senior notes due 2021

Windstream Corp. (Nasdaq: WIN) announced today that it intends to offer in a private placement $500 million aggregate principal amount of senior notes that will mature in 2021 and bear interest at a fixed rate. The offering is expected to be completed in late March 2011, subject to market and other conditions.

If the offering is successfully placed, Windstream expects to increase the maximum amount of 8.625% Senior Notes due 2016 it is seeking in its previously announced tender offer.

Windstream signs agreement with GreatAmerica Leasing Corp.

Windstream (Nasdaq: WIN) today announced it has signed an agreement with GreatAmerica Leasing Corporation, a national commercial equipment finance company dedicated to helping manufacturers, vendors, dealers and end users be more successful. Through the agreement, GreatAmerica Leasing will provide Windstream customers with easy, flexible and innovative financing solutions on communications equipment.

A leading provider of advanced communications solutions, Windstream has partnered with GreatAmerica Leasing to provide flexible financing solutions that allow businesses of all sizes to upgrade their older communication systems or to deploy new locations with the most up-to-date next generation communications platforms available. Windstream offers businesses a suite of communications applications including Voice over Internet Protocol (VoIP), Ethernet Internet and MPLS networking.

Windstream is certified to offer, install and service communication systems from some of the most respected names in the industry including AdTran, Avaya, Cisco, Mitel and TippingPoint. Windstream

Windstream expands revolving credit agreement

Windstream Corp. (Nasdaq: WIN) announced that it had increased the capacity under its senior secured revolving credit facility from $500 million to $750 million. Approximately $18 million of the revolver commitments will terminate on July 17, 2011, with the remainder terminating on July 17, 2013.

J.P. Morgan Chase Bank, N.A., is the administrative agent.

This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any securities of Windstream.

Windstream launches new business blog

Windstream (Nasdaq: WIN) announces the launch of its new business blog, designed to provide businesses with helpful articles and updates on the hottest topics including cloud computing, data centers, voice and data services, MPLS networking, reducing communication expenses and selecting a new communication system.

Blog posts, found at www.windstreambusiness.com/blog, are written by a panel of communication experts with decades of experience in the industry and provide useful information on how businesses can utilize advanced communication solutions to operate more effectively and productively.

The Windstream Business Blog establishes another forum for two-way communication between customers and Windstream and can facilitate the exchange of ideas between customers.

“Windstream prides itself on serving as a technology partner with our customers, and the Windstream Business Blog is one way we can have a conversation with our customers about trends in next-generation communication solutions,