CINCINNATI BELL INC. (NYSE:CBB) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into Material Agreement; Amendment to Material
Agreement
Companys newly acquired subsidiary SunTel Services LLC (SunTel),
and Regions Bank as Trustee, entered into a First Supplemental
Indenture, which supplements that certain Indenture dated
September 22, 2016 between the Company and Regions Bank as
Trustee (the Indenture) governing the issuance of the Companys
7.00% Senior Notes due 2024 (the Notes), by adding SunTel as a
party to the Indenture, and as a Guarantor (as defined in the
Indenture), of the Notes. In accordance with the First
Supplemental Indenture, along with the existing Guarantors SunTel
will jointly and severally guarantee the obligations of the
Company with respect to the Notes, to the terms of the Indenture.
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(d)
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Exhibits
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Exhibit No.
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Description
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99.1
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First Supplemental Indenture dated April 3, 2017,
between Cincinnati Bell Inc., SunTel Services LLC, and Regions Bank, as Trustee |
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About CINCINNATI BELL INC. (NYSE:CBB)
Cincinnati Bell Inc., along with its subsidiaries, provides diversified telecommunications and technology services. The Company operates through two segments. The Entertainment and Communications segment provides products and services, such as high-speed Internet, data transport local voice, long distance, voice over Internet protocol (VoIP), video and other services. Cincinnati Bell Telephone Company LLC, a subsidiary of the Company, is the incumbent local exchange carrier (ILEC) for a geography that covers a radius of approximately 25 miles around Cincinnati, Ohio, and includes parts of northern Kentucky and southeastern Indiana. The IT Services and Hardware segment provides a range of managed IT solutions, including managed telephony, network and infrastructure services, equipment sales and professional IT staffing services. The Company has interest in CyrusOne Inc., which operates carrier-neutral data center properties. CINCINNATI BELL INC. (NYSE:CBB) Recent Trading Information
CINCINNATI BELL INC. (NYSE:CBB) closed its last trading session up +0.10 at 17.45 with 713,609 shares trading hands.
