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Time Warner Telecom to call some 10 1/8% notes
By Jennifer Chiou
New York, March 17 - Time Warner Telecom Inc. said it will use some proceeds from a convertibles offering to redeem a portion of its 10 1/8% senior notes due 2011.
The company said it plans to sell $200 million of convertible senior debentures due 2026 in an offering registered with the Securities and Exchange Commission. The offering is expected to have a $30 million greenshoe.
Based in Littleton, Colo., the company is a provider of managed voice and data networking services.
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