Cincinnati bell inc. announces consent solicitations

Cincinnati, april 8, 2021 /prnewswire/ -- cincinnati bell inc. ("cincinnati bell" or the "company") today announced that it has commenced consent solicitations (the "consent solicitations") with respect to certain proposed amendments to the (i) indenture, dated as of july 1, 1993 (as supplemented and amended, the "2023 notes indenture") governing its 71/4% notes due 2023 (the "2023 notes"), (ii) indenture, dated as of september 22, 2016 (as supplemented and amended, the "2024 notes indenture") governing its 7.000% senior notes due 2024 (the "2024 notes"), (iii) indenture, dated as of october 6, 2017 (as supplemented and amended, the "2025 notes indenture") governing its 8.000% senior notes due 2025 (the "2025 notes") and (iv) indenture, dated as of november 30, 1998 (as supplemented and amended, the "2028 notes indenture," and together with the 2023 notes indenture, the 2024 notes indenture and the 2025 notes indenture, the "indentures") governing cincinnati bell telephone company llc's (formerly known as cincinnati bell telephone company) 6.30% debentures due 2028, which are guaranteed by the company (the "2028 notes," and together with the 2023 notes, the 2024 notes and the 2025 notes, the "notes"). the consent solicitations are being conducted in contemplation of the previously announced proposed acquisition by macquarie infrastructure partners ("mip") of the company (the "acquisition"), with certain funds managed by the private equity group of ares management corporation ("ares") having agreed to provide equity financing for the acquisition.
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