DENVER, Jan. 3, 2006 ? Qwest Communications International Inc. (NYSE: Q) announced today the commencement of an offer to exchange all of its privately placed outstanding 7.5 percent senior notes due 2014-series B, for newly registered 7.5 percent senior notes due 2014-series B (the ?QCII notes?).
The company?s Qwest Corporation (QC) subsidiary also announced today the commencement of an offer to exchange all of QC?s privately placed outstanding 7.625 percent notes due 2015 and floating rate notes due 2013 for newly registered 7.625 percent notes due 2015 and floating rate notes due 2013, (together the ?QC notes?), respectively, to be issued by QC.
The exchange offers, which are required by the registration rights agreements for the outstanding notes, are being made pursuant to prospectuses dated December 30, 2005. Copies of the exchange offer prospectuses and related transmittal materials governing the exchange offers are available from the exchange agent for the offers, US Bank Corporate Trust Services, at:
US Bank Corporate Trust Services
950 17th Street, Suite 300
Denver, CO 80202
Attn: Seth Dodson
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 offers for the QCII notes and the QC notes will expire at 5:00 p.m. EST on February 1, 2006, unless extended.
This press release does not constitute an offer to sell or a solicitation of an offer to buy securities.
Qwest Communications International Inc. (NYSE: Q) is a leading provider of voice, video and data services. With approximately 40,000 employees, Qwest is committed to the ?Spirit of Service? and providing world-class services that exceed customers? expectations for quality, value and reliability. For more information, please visit the Qwest Web site at www.qwest.com.