Windstream 2013 Annual Report Download - page 191

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
____
F-55
5. Long-term Debt and Capital Lease Obligations:
Windstream Holdings has no direct debt obligations. All debt, including the facilities described below, have been incurred by
Windstream Corp. and its subsidiaries. Windstream Holdings is neither a guarantor of nor subject to the restrictive covenants
imposed by such debt.
Long-term debt was as follows at December 31:
(Millions) 2013 2012
Issued by Windstream Corp.:
Senior secured credit facility, Tranche A2 – variable rates, due July 17, 2013 $ — $ 19.5
Senior secured credit facility, Tranche A3 – variable rates, due December 30, 2016 387.3 408.8
Senior secured credit facility, Tranche A4 – variable rates, due August 8, 2017 277.5 292.5
Senior secured credit facility, Tranche B – variable rates, due July 17, 2013 — 280.9
Senior secured credit facility, Tranche B2 – variable rates, due December 17, 2015 — 1,042.9
Senior secured credit facility, Tranche B3 – variable rates, due August 8, 2019 — 597.0
Senior secured credit facility, Tranche B4 – variable rates, due January 23, 2020 1,331.6 —
Senior secured credit facility, Tranche B5 – variable rates, due August 8, 2019 590.0 —
Senior secured credit facility, Revolving line of credit – variable rates, due
December 17, 2015 590.0 —
Debentures and notes, without collateral:
2013 Notes – 8.125%, due August 1, 2013 — 800.0
2017 Notes – 7.875%, due November 1, 2017 1,100.0 1,100.0
2018 Notes – 8.125%, due September 1, 2018 400.0 400.0
2019 Notes – 7.000%, due March 15, 2019 — 500.0
2020 Notes – 7.750%, due October 15, 2020 700.0 700.0
2021 Notes – 7.750%, due October 1, 2021 950.0 450.0
2022 Notes – 7.500%, due June 1, 2022 500.0 500.0
2023 Notes – 7.500%, due April 1, 2023 600.0 600.0
2023 Notes – 6.375%, due August 1, 2023 700.0 —
Issued by subsidiaries of the Company:
Windstream Holdings of the Midwest, Inc. – 6.75%, due April 1, 2028 100.0 100.0
Cinergy Communications Company – 6.58%, due January 1, 2022 2.0 2.1
PAETEC 2017 Notes – 8.875%, due June 30, 2017 — 650.0
Debentures and notes, without collateral:
Windstream Georgia Communications LLC – 6.50%, due November 15, 2013 — 10.0
PAETEC 2018 Notes – 9.875%, due December 1, 2018 450.0 450.0
Premium on long-term debt, net 28.8 62.1
8,707.2 8,965.8
Less current maturities (85.0)(866.0)
Total long-term debt $ 8,622.2 $ 8,099.8
Weighted average interest rate 7.0% 7.0%
Weighted maturity 6.1 years 5.4 years