Cincinnati Bell aims to redeem all outstanding 7¼% notes due 2013

By Devika Patel

Knoxville, Tenn., Sept. 30 - Cincinnati Bell Inc. announced it will use the proceeds from a $500 million offering of senior notes to call its 7¼% senior notes due 2013.

The company will pay $440 million plus accrued interest and a call premium.

Cincinnati Bell is a Cincinnati-based provider of integrated communications services, including local, long distance, data, internet and wireless services.

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