Citizens Communications Company Announces Proposed Senior Unsecured Notes Offering.STAMFORD, Conn. -- Citizens Communications Citizens Communications is the parent company of Frontier Telephone, providing telephone and internet access in 24 states. The company headquarters are located at 3 High Ridge Park in Stamford, Connecticut. Company (NYSE NYSE See: New York Stock Exchange :CZN) announced today that it intends to raise approximately $400 million through a public offering of senior unsecured notes due 2013 (the "Notes"). The Company intends to use the proceeds of the sale of the Notes to retire debt maturing in 2006. The proposed offering is to be made pursuant to the Company's shelf registration statement, which has been declared effective by the Securities and Exchange Commission. J.P. Morgan Securities Inc., Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. & Co. Incorporated,
and Banc of America Securities LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control are serving as lead underwriters Lead underwriter The head of a syndicate of financial firms that are sponsoring an initial public offering of securities or a secondary offering of securities. Could also apply to bond issues. for the offering. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This offering may be made only by means of a prospectus and related prospectus supplement. Copies of such documents may be obtained from J.P. Morgan Securities Inc., 270 Park Avenue, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York 10017. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the statements. These and all forward-looking statements (including oral representations) are only predictions or statements of current plans that are constantly under review by the Company. All forward-looking statements may differ from actual results. The foregoing information should be read in conjunction with the Company's filings with the U.S. Securities and Exchange Commission including, but not limited to, reports on Forms 10-K and 10-Q. The Company does not intend to update or revise these forward-looking statements to reflect the occurrence of future events or circumstances. |
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