LITTLETON, Colo., Dec. 10, 2013 /PRNewswire/ -- tw telecom
inc. (NASDAQ: TWTC), a leading provider of managed services
including Business Ethernet, converged and IP VPN solutions for
enterprises throughout the U.S. and to global locations, today
announced that its subsidiary tw telecom holdings inc.
(the "Company") commenced offers to exchange up to $450 million of the Company's outstanding 5.375%
Senior Notes due 2022 and up to $350
million of its outstanding 6.375% Senior Notes due 2023,
which the Company sold in a private offering on August 26, 2013 (collectively, the "Outstanding
Notes"), for up to $450 million of
its 5.375% Senior Notes due 2022 and up to $350 million of its 6.375% Senior Notes due 2023,
which have been registered under the Securities Act of 1933 (the
"Exchange Notes"). The Exchange Notes are being offered
pursuant to registration rights agreements the Company previously
entered into with the initial purchasers of the Outstanding
Notes. The exchange offers are being conducted upon the terms
and subject to the conditions set forth in the prospectus dated
December 10, 2013 and the related
letter of transmittal.
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The terms of the Exchange Notes are substantially identical to
the terms of the Outstanding Notes, except that provisions relating
to transfer restrictions, registration rights and certain rights to
additional interest will not apply to the Exchange Notes. The
exchange offers are limited to holders of the Outstanding Notes.
The exchange offers are scheduled to expire at 5:00 p.m. New
York time on January 9, 2014,
unless extended. Outstanding Notes tendered pursuant to the
exchange offers may be withdrawn at any time prior to such time by
following the procedures set forth in the prospectus and the letter
of transmittal. Copies of the prospectus and the related letter of
transmittal may be obtained from Wells Fargo Bank, National
Association, which is serving as the exchange agent for the
exchange offers. The address, telephone and facsimile number of the
exchange agent are as follows:
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By Registered/
Certified Mail:
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By
Hand:
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By Overnight Courier or Regular Mail
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Wells Fargo Bank,
N.A.
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Wells Fargo Bank,
N.A.
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Wells Fargo Bank, N.A.
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Corporate Trust
Operations
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Corporate Trust
Services
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Corporate Trust
Operations
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MAC
N9303-121
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Northstar East
Building – 12th Floor
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MAC
N9303-121
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P.O. Box
1517
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608 2nd
Avenue South
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6th St. & Marquette
Avenue
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Minneapolis, MN
55480
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Minneapolis, MN
55402
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Minneapolis, MN
55479
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facsimile:
(612) 667-6282
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telephone:
(800) 344-5128
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This press release is for informational purposes only and is not
an offer to exchange the Outstanding Notes or any other securities.
The exchange offers are being made solely pursuant to the
prospectus and the related letter of transmittal, which set forth
the complete terms of the exchange offers.
About tw telecom
tw telecom, headquartered in
Littleton, Colo., is a leading
national provider of managed services, including Business Ethernet,
converged and IP VPN solutions for enterprises throughout the U.S.
and globally. tw telecom also delivers secure, scalable
private connections for transport data networking, Internet access,
voice, VPN, VoIP and security to large organizations and
communications services companies. Employing a resilient fiber
network infrastructure, robust product portfolio and its own
Intelligent Network capabilities, tw telecom delivers
customers overall economic value, an industry-leading quality
service experience and improved business productivity.
SOURCE tw telecom inc.