DENVER, Nov. 17, 2006 - Qwest Communications International Inc. (NYSE: Q) today announced the commencement of an offer by its Qwest Corporation subsidiary (QC) to exchange all of its privately placed outstanding 7.5 percent notes due 2014 for newly registered 7.5 percent notes due 2014.
The exchange offer, which is required by the registration rights agreement for the outstanding notes, is being made pursuant to the prospectus dated Nov. 17, 2006. Copies of the prospectus and related transmittal materials governing the exchange offer are available from the exchange agent for the offer, U.S. Bank National Association, at:
U.S. Bank National Association
950 17th Street, Suite 300
Denver, CO 80202
Attn: Hester Parrot
The terms of the new notes are substantially identical to the terms of the outstanding notes, except that the new notes will be registered under the Securities Act of 1933, as amended. The exchange offer for these notes will expire at 5 p.m. EST on Dec. 18, 2006, unless extended.
This press release does not constitute an offer to sell or a solicitation of an offer to buy securities.
Qwest offers a unique and powerful combination of voice and data solutions for businesses, government agencies and consumers - locally and throughout the country. Customers coast to coast are turning to Qwest's industry-leading national fiber optic network and its Spirit of Service for quality products and superior customer experience. For more information on Qwest, and its various operating subsidiaries, please go to www.qwest.com.