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Qwest Secures New $1.035 Billion Revolving Credit Facility

Qwest Communications has entered into a new revolving credit facility. The new $1.035 billion agreement expires on Sept. 30, 2013, and replaces the company’s pre-existing revolving credit agreement that was scheduled to expire on Oct. 21, 2010. Wachovia Bank, National Association — an affiliate of Wells Fargo Securities, LLC — acts as administrative agent under the new agreement.
http://www.qwest.com

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December 20

From 25 years of the Converge Digest archive.