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Time Warner Telecom redeems $200 million 9¾% notes due 2008
By Angela McDaniels
Seattle, Nov. 3 - Time Warner Telecom Inc. said it has called its $200 million of 9¾% senior unsecured notes due 2008.
The notes were called at 101.625% of par, a premium of $3.3 million.
The company will utilize cash on hand to redeem the notes and expects the redemption to occur in December, according to a company press release.
Time Warner Telecom is headquartered in Littleton, Colo., and provides managed network services.
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