Time Warner Cable Inc. Announces Successful Completion of Consent Solicitation for Amendments to TWE Indenture.STAMFORD, Conn. -- Time Warner Cable This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Inc. announced that its subsidiary, Time Warner Entertainment Company, L.P. ("TWE TWE Test of Written English TWE ThinkWave Educator (teacher productivity application) TWE That Was Easy TWE tap water enema TWE Threat Warning Equipment TWE Transitional Work Experience TWE Triangle Wind Ensemble "), successfully completed its consent solicitation to amend the indenture governing the following outstanding debt securities of TWE (the "Securities"): * $600,000,000 7.25% Senior Debentures due 2008 (CUSIP CUSIP See: Committee on Uniform Securities Identification Procedures CUSIP See Committee on Uniform Securities Identification Procedures. 88731EAK EAK Eating At Keyboard EAK Early Adopters Kit EAK East Africa Kenya EAK Extraterrestrial Alternative Knowledge (Sao Joao da Madeira, Portugal band) 6) * $250,000,000 10.15% Senior Notes due 2012 (CUSIP 88731EAC EAC an abbreviation used in studies of complement, in which E represents erythrocyte, A antibody, and C complement. 4) * $350,000,000 8.875% Senior Notes due 2012 (CUSIP 88731EAD2) * $1,000,000,000 8.375% Senior Notes due 2023 (CUSIP 88731EAF7) * $1,000,000,000 8.375% Senior Notes due 2033 (CUSIP 88731EAJ9) The supplemental indenture executed pursuant to the consent solicitation amended the reporting obligations under the indenture and simplified the guarantee structure of the Securities. Each holder who validly delivered its consent, and did not revoke such consent, will receive a payment of $2.50 for each $1,000 principal amount of Securities to which such consent related. Lehman Brothers and Merrill Lynch & Co. acted as Solicitation Agents for the consent solicitation. D.F. King & Co., Inc. acted as the Tabulation/Information Agent. This announcement is for informational purposes only and is not an offer to purchase or sell, a solicitation of an offer to purchase or sell, or a solicitation of consents with respect to any securities. About Time Warner Cable Time Warner Cable owns and manages cable systems serving 13.5 million subscribers in 33 states. Passing approximately 26 million homes, Time Warner Cable includes some of the most technologically advanced and best-clustered cable systems in the country, with nearly 85 percent of the Company's customers located in five geographic regions: New York, Texas New York is a hamlet in Henderson County, Texas, USA, about 11 miles east of Athens. Geography New York lies at the intersection of FM 804 and FM 607 in a stereotypically flat portion of East Texas, surrounded mostly by farm land. , Ohio, the Carolinas and southern California. Leveraging its leadership in innovation and quality customer care, Time Warner Cable delivers advanced products and services such as video on demand, high definition television, digital video recorders, high-speed data and Digital Phone. Time Warner Cable is a subsidiary of Time Warner Inc. (NYSE NYSE See: New York Stock Exchange : TWX). |
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