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United States Cellular Corp., 7.50% Senior Notes due 6/15/2034
Ticker Symbol: UZV* CUSIP: 911684306 Exchange: NYSE
* NOTE: This security is no longer trading as of 6/20/2011
Security has been Called for: Monday, June 20, 2011
May 19, 2011 -- United States Cellular Corporation today announced that it will redeem all of its outstanding 7.5 percent Senior Notes due 2034 (NYSE:UZV). The $330 million aggregate principal amount of outstanding notes will be redeemed June 20, 2011, at a redemption price of 100 percent of the principal amount ($25.00), together with accrued and unpaid interest to the redemption date. The final regularly scheduled interest payment will be made on June 15, 2011. Accrued interest in the aggregate of approximately $344,000 will be paid for the period from June 15, 2011 to June 20, 2011 as part of the redemption on June 20, 2011. As a result, the aggregate redemption amount of principal and accrued interest will be approximately $330.3 million. The redemption agent is The Bank of New York Mellon Trust Company, N. A.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: United States Cellular Corp., 7.50% Senior Notes due 2034, issued in $25 denominations, redeemable at the issuer's option on or after 6/17/2009 at $25 per share plus accrued and unpaid interest, maturing 6/15/2034, distributions of 7.50% ($1.875) per annum are paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record one business day prior to the payment date while the securities remain in book-entry form. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The Notes are senior obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (USM)
IPO - 6/10/2004 - 12.00 Million Notes @ $25.00/note.
Link to IPO Prospectus
Market Value $300.0 Million
Company's Online Information Links
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Company's Online SEC EDGAR Filings |
Company's Email Address Links |
Address and Phone Numbers |
Address: 8410 West Bryn Mawr, Suite 700, Chicago, IL 60631 |
Main Phone Number |
773-399-8900 |
Fax Number |
312-630-1908 |
Corporate Relations
Jane McCahon
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312-592-5379
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Toll Free Phone Number |
888-944-9400 |
CEO - Mary N. Dillon |
CFO - Steven T. Campbell |
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