CenturyLink Announces Pricing of $2.0 Billion of Debt Securities

CenturyLink, Inc. CTL announced today that it has agreed to sell $350 million of newly-issued 6-year, unsecured senior notes and $1.25 billion of newly-issued 10-year, unsecured senior notes. The Company has also agreed to sell an additional $400 million of its 7.60% senior notes due 2039, which will trade interchangeably as a single series with its 7.60% senior notes due 2039 initially issued in September 2009 in the amount of $400 million. The closing of this offering is expected to occur on June 16, 2011.