UScellular announces redemption of 7.25% Senior Notes due 2064
United States Cellular Corporation (USM)
Last united states cellular corporation earnings: 4/30 04:05 pm
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US:NYSE Investor Relations:
investors.uscellular.com/overview/default.aspx
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Source: PR Newswire
CHICAGO, May 18, 2021 /PRNewswire/ -- United States Cellular Corporation (NYSE: USM) today announced that it will redeem all of its outstanding 7.25 percent Senior Notes due 2064 (NYSE: UZC). The $300 million aggregate principal amount of outstanding notes will be redeemed June 16, 2021, at a redemption price of 100 percent of the principal amount ($25 face value per unit), together with accrued and unpaid interest to the redemption date. The paying agent is The Bank of New York Mellon Trust Company, N.A., c/o The Bank of New York Mellon, 111 Sanders Creek Parkway, East Syracuse, New York 13057, Attn: Bond Redemption Unit."Lowering the cost of our balance sheet remains a top Treasury priority for UScellular this year, as we work to optimize our financial leverage to enable our business to continue investing in attractive opportunities such as 5G," said Peter L. Sereda, TDS executive vice president and chief financial officer. "Redemption of these notes is another step in this program
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USM
Earnings
- 2/16/24 - Beat
USM
Sec Filings
- 4/9/24 - Form ARS
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEF
- USM's page on the SEC website