--Up to $450,000,000 of 5.375% Senior Notes due 2022
--Up to $350,000,000 of 6.375% Senior Notes due 2023
December 10, 2013
LITTLETON, Colo., Dec. 10, 2013 /PRNewswire/ -- tw telecom inc. (NASDAQ:TWTC, news, filings), 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.
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 Outstanding Notes tendered pursuant to the exchange offers may be withdrawn at any time prior to such time by following the procedures set forth in the prospectus and the letter of transmittal.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:
|By Registered/ Certified Mail:||By Hand:||By Overnight Courier or Regular Mail|
|Wells Fargo Bank, N.A.||Wells Fargo Bank, N.A.||Wells Fargo Bank, N.A.|
|Corporate Trust Operations||Corporate Trust Services||Corporate Trust Operations|
|MAC N9303-121||Northstar East Building – 12th Floor||MAC N9303-121|
|P.O. Box 1517||608 2nd Avenue South||6th St. & Marquette Avenue|
|Minneapolis, MN 55480||Minneapolis, MN 55402||Minneapolis, MN 55479|
|facsimile: (612) 667-6282|
|telephone: (800) 344-5128|
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.
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