Cincinnati Bell buys back $5 million 8 3/8% notes

New York, Feb. 26 - Cincinnati Bell Inc. bought back $5 million of its 8 3/8% senior subordinated notes due 2014 during the fourth quarter, according to a 10-K filing with the Securities and Exchange Commission,

The company recorded a gain on extinguishment of debt of $0.1 million as a result of the repurchase.

Cincinnati Bell is a Cincinnati-based communications company.

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