Add
CTL to Portfolio
Set Alert
Email to a
Friend
| |||
|
|
Quotes & Info
|
| CTL > SEC Filings for CTL > Form 8-K on 16-Sep-2009 | All Recent SEC Filings |
16-Sep-2009
Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligat
On September 14, 2009, we entered into an Underwriting Agreement with Banc of America Securities LLC, Barclays Capital Inc., J.P. Morgan Securities Inc., Wells Fargo Securities Inc. and the other underwriters named in Schedule 1 thereto (the "Underwriters"), pursuant to which we agreed to issue and sell to the Underwriters $650 million of our debt securities, consisting of $400 million aggregate principal amount of our 7.60% Senior Notes, Series P, due 2039 and $250 million aggregate principal amount of our 6.15% Senior Notes, Series Q, due 2019 (collectively, the "Notes").
Certain underwriters or their affiliates may engage, or have engaged in, various general financing and banking transactions from time to time with us or our affiliates for which they have received, or will receive, customary compensation. Affiliates of certain of the underwriters are lenders under our existing $728 million revolving credit facility. J.P. Morgan Securities Inc. and Wachovia Capital Markets, LLC, an affiliate of Wells Fargo Securities, LLC, were joint bookrunners and co-lead arrangers for this facility, and their affiliates act as the administrative agent and the syndication agent, respectively. An affiliate of Banc of America Securities LLC acts as a co-documentation agent under this facility. In addition, affiliates of certain of the underwriters are lenders under Embarq Corporation's existing $800 million revolving credit facility.
A copy of the Underwriting Agreement and the related Price Determination Agreement are filed as Exhibits 1.1 and 1.2 to this Report.
The information set forth above under Item 1.01 is hereby incorporated by reference into this Item 2.03.
On September 14, 2009, CenturyTel, Inc. filed a press release announcing that it priced $250 million of 10-year unsecured notes and $400 million of 30-year unsecured notes. The complete press release is included as Exhibit 99.1.
(d) Exhibits
1.1 Underwriting Agreement, dated September 14, 2009, by and among us and the Underwriters.
1.2 Price Determination Agreement, dated September 14, 2009, by and among us and the Underwriters.
99.1 Press release dated September 14, 2009 announcing pricing of $650 million of debt securities.
|
|