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AccessMyLibrary    Browse    R    RCR Wireless News    DEC-02    Qwest reduces debt. (News).

Qwest reduces debt. (News).

Publication: RCR Wireless News

Publication Date: 23-DEC-02
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COPYRIGHT 2002 Crain Communications, Inc.

NEW YORK--Following an unsuccessful court challenge by some bondholders, Qwest Communications International Inc. reduced its outstanding debt by $1.9 billion to $22.6 billion through an exchange offer. Qwest offered the chance for Qwest Capital Funding bondholders to swap those securities for notes issued by the parent company and by...

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