WideOpenWest to price $100 million tack-on to 10¼% notes due 2019 Wednesday

By Paul A. Harris

Portland, Ore., March 26 - WideOpenWest Finance, LLC plans to price a $100 million tack-on to its 10¼% senior notes due July 15, 2019 Wednesday, following a mid-morning conference call with investors, according to an informed source.

Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC are the joint bookrunners for the Rule 144A and Regulation S with registration rights offer.

The notes become callable after July 15, 2015 at 107.688 and feature a 40% equity clawback until July 15, 2015 and a 101% poison put.

The Denver-based provider of residential and commercial high-speed internet, cable television and telephone services plans to use the proceeds to repay its revolver and for general corporate purposes.

The original $725 million issue priced at par in July 2012.

Upon registration the add-on notes will be fungible with the original notes.

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