Consolidated Communications calls all outstanding 9¾% notes

By Devika Patel

Knoxville, Tenn., Feb. 26 - Consolidated Communications Holdings, Inc. announced it will redeem all of its $130 million outstanding 9¾% senior notes due 2012 on April 1.

The redemption price will be 104.875% plus interest to the date of redemption.

The company will fund the redemption by borrowing from its Dec. 31 $140 million delayed-draw term loan facility.

Consolidated Communications is a Mattoon, Ill.-based rural local exchange company.

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