Level 3 to repay all $300 million floaters via new notes offering

By Tali David

Minneapolis, Nov. 12 - Level 3 Communications, Inc. subsidiary Level 3 Financing, Inc. plans to use the proceeds from a $300 million senior note offering to redeem all $300 million of its outstanding floating-rate senior notes due 2015, according to a press release.

Level 3 is a Broomfield, Colo.-based provider of fiber-based communications services.

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