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12.03.2015 17:04:00
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CenturyLink, Inc. -- Moody's rates CenturyLink's new notes Ba2
New York, March 12, 2015 -- Moody's Investors Service ("Moody's") has assigned a Ba2 rating to CenturyLink, Inc.'s ("CenturyLink" or "the company") proposed offering of Series X notes due 2025. The proceeds from the notes offering will be used to repay a portion of the indebtedness outstanding under CenturyLink's revolving credit facility, a portion of which the company incurred to repay the $350 million Series M notes that matured on February 15, 2015. The company's other ratings and negative outlook remain unchanged.
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