Cox Communications, Inc. Announces Pricing of $1.0 Billion Debt Offering.Business Editors ATLANTA--(BUSINESS WIRE)--Sept. 17, 2002 Cox Communications Cox Communications is a privately owned subsidiary of Cox Enterprises providing digital cable television and telecommunications services in the United States. It is the third-largest[2] cable television provider in the United States, serving more than 6. , Inc. (NYSE NYSE See: New York Stock Exchange : COX) today announced it has agreed to sell $1.0 billion of 7 1/8% notes due 2012 for aggregate proceeds of approximately $992.6 million. Cox intends to use proceeds from the offering to repay outstanding indebtedness and for general corporate purposes. J.P. Morgan Securities Inc. and Salomon Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. Inc. are the joint book-running managers of the offering. These debt securities will be sold pursuant to Cox's shelf registration statements, which have been declared effective by the U.S. Securities and Exchange Commission. This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any debt securities of Cox. Cox Communications, a Fortune 500 company, is a multi-service broadband communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. serving approximately 6.3 million customers nationwide. Cox is the nation's fifth-largest cable television provider, and offers both traditional analog video The original video recording method that stores continuous waves of red, green and blue intensities. In analog video, the number of rows is fixed. There are no real columns, and the maximum detail is determined by the frequency response of the analog system. programming under the Cox Cable brand as well as advanced digital video programming under the Cox Digital Cable brand. Cox provides an array of other communications and entertainment services, including local and long distance telephone under the Cox Digital Telephone brand; high-speed Internet See broadband. access under the brands Cox High Speed Internet and Cox Express; and commercial voice and data services via Cox Business Services. Cox is an investor in programming networks, including Discovery Channel. More information about Cox Communications can be accessed on the Internet at www.cox.com. |
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