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Windstream Holdings Inc (WIN.OQ)

WIN.OQ on NASDAQ Stock Exchange Global Select Market

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28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Windstream to acquire Broadview Networks
Thursday, 13 Apr 2017 07:30am EDT 

Windstream Holdings Inc : Windstream to acquire Broadview Networks . Windstream Holdings Inc - deal for $227.5 million. . Windstream Holdings Inc - deal accretive to free cash flow . Windstream Holdings Inc - deal creates $30 million in annual operating expense synergies . Windstream Holdings Inc - Windstream intends to finance transaction with cash reserves and available revolving credit capacity . Windstream Holdings Inc - Windstream expects to realize approximately $30 million in annual operating synergies within two years .Boards of both companies unanimously approved transaction.  Full Article

Windstream Holdings files for potential stock offering of up to $25 mln
Thursday, 2 Mar 2017 06:10am EST 

Windstream Holdings Inc :Windstream Holdings Inc - files for potential stock offering of up to $25 million.  Full Article

Windstream Holdings Q4 sales $1.31 billion
Wednesday, 1 Mar 2017 07:00am EST 

Windstream Holdings Inc : Sees 2017 adjusted capital expenditures to be between $790 million and $840 million . Windstream Holdings Inc sees FY 2017 expects adjusted oibdar in range of $2.0 billion to $2.06 billion . Windstream reports fourth-quarter, full-year 2016 results . Q4 loss per share $0.94 . Q4 earnings per share view $-0.63 -- Thomson Reuters I/B/E/S . Q4 sales $1.31 billion versus I/B/E/S view $1.34 billion .Windstream Holdings Inc - Expects FY 2017 total service revenue declines to be similar to full-year 2016 trends.  Full Article

Windstream completes $580 million term loan, extending maturity to 2024
Friday, 17 Feb 2017 10:00am EST 

Windstream Holdings Inc : Windstream completes $580 million term loan, extending maturity to 2024 .Proceeds from loan were used to refinance existing term loans maturing in August 2019 and/or repay certain of its other debts.  Full Article

Windstream reprices, upsizes B-6 term loans to $747 mln
Friday, 30 Sep 2016 10:32am EDT 

Windstream Holdings Inc: Windstream redeems senior notes and reprices, upsizes term loans . Completed redemption of all of its outstanding 7.875% senior notes due 2017 and amended its existing senior secured credit agreement . Upsized principal amount of its existing tranche b-6 term loans from approximately $597 million to $747 million . Under credit agreement amendment, company decreased interest rate by 100 basis points to LIBOR plus 4.00% per annum . Used proceeds from $150 million incremental term loans, revolver borrowings, to retire $369 million in aggregate principal amount of 2017 notes .Improved 2017 cash interest expectations to approximately $325 million.  Full Article

Windstream Holdings Q2 earnings per share $0.01
Thursday, 4 Aug 2016 06:55am EDT 

Windstream Reports Second : Quarter results . Q2 earnings per share view $-0.35 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.01 . Q2 sales $1.36 billion versus i/b/e/s view $1.37 billion . Windstream Holdings Inc says adjusted capital expenditures are expected to be between $800 million and $850 million for 2016 .Windstream holdings inc says affirmed its previously provided financial guidance for 2016 with improved cash interest and cash tax guidance.  Full Article

Windstream says to exchange remaining half of CS&L equity stake
Tuesday, 21 Jun 2016 08:15am EDT 

Windstream Holdings Inc : Windstream agrees to exchange the remaining half of cs&l equity stake to reduce debt . It now expects cash interest expense of approximately $370 million for 2016. . Agreed to exchange an additional 14.7 million shares of communications sales & leasing common stock with its creditors in a debt-for-equity exchange . cs&l shares to be exchanged represent all of windstream's remaining retained stake in cs&l .Windstream agrees to exchange the remaining half of cs&l equity stake to reduce debt.  Full Article

Windstream exchanges half of CS&L equity stake to reduce debt
Wednesday, 15 Jun 2016 04:15pm EDT 

Windstream Holdings Inc : Windstream exchanges half of CS&L equity stake to reduce debt . Closed deal to transfer about 14.7 million shares of communications sales & leasing stock to its creditors in debt-for-equity exchange . Now expects cash interest expense of approximately $375 million for 2016, compared to its previous estimate of $385 million. . Has retired $126 million in face value of debt for $100 million in cash funded by its revolving credit facility . Transferred CS&L shares, were used to retire approximately $309 million in Windstream's revolving credit facility .Plans to dispose of remaining CS&L shares in future to further reduce debt and generate cash interest savings.  Full Article

Windstream Holdings Inc affirms FY 2016 guidance
Thursday, 5 May 2016 06:55am EDT 

Windstream Holdings Inc:Affirmed its previously provided financial guidance for FY 2016.Expects total service revenue of $5.275 billion to $5.425 billion and adjusted OIBDAR of $1.90 billion to $1.95 billion.  Full Article

Windstream Holdings Inc gives FY 2016 guidance
Thursday, 25 Feb 2016 06:00am EST 

Windstream Holdings Inc;:Expects FY 2016 total service revenue of $5.275 billion to $5.425 billion and adjusted OIBDAR of $1.90 billion to $1.95 billion.  Full Article

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BRIEF-Windstream to acquire Broadview Networks

* Windstream Holdings Inc - deal creates $30 million in annual operating expense synergies