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Published on 12/31/2012 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Cox Communications to redeem $850 million 5.45% notes at 109.7414

By Tali David

Minneapolis, Dec. 27 - Cox Communications Inc. rescinded and then released a new call to redeem $850 million of its 5.45% notes due Dec. 15, 2014, according to two notices.

The rescinded call provided for the notes to be redeemed at par plus accrued interest on Dec. 27.

The new call sets the redemption price at 109.7414 plus accrued interest. The notes will still be redeemed on Dec. 27.

The Bank of New York Mellon Trust Co., NA is the trustee or agent.

The phone, internet and TV services provider is based in Atlanta.


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