CenturyLink to repay revolving credit facility debt via note offering

By Tali Rackner

Norfolk, Va., March 12 – CenturyLink, Inc. plans to repay a portion of the debt outstanding under its revolving credit facility with the proceeds from a $500 million senior note offering, according to a press release.

A portion of the borrowings under the revolver was used to repay the company’s senior notes that matured in mid-February.

CenturyLink is a Monroe, La.-based wireline telecommunications provider.

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