|01/22/15||U.S. Cellular secures a $225 million bank term loan|
|CHICAGO, Jan. 22, 2015 /PRNewswire/ -- United States Cellular Corporation (NYSE: USM) announced today that it has secured a seven-year bank term loan with CoBank and other farm credit system lenders for up to $225 million.
U.S. Cellular expects to use the borrowings for general corporate purposes, including potential spectrum purchases and capital expenditures.
CoBank served as Lead Arranger, Administrative Agent, and Bookrunner.
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|12/29/14||TDS And U.S. Cellular Are Presenting At Citi Conference|
|CHICAGO, Dec. 29, 2014 /PRNewswire/ -- Telephone and Data Systems, Inc. [NYSE: TDS] and United States Cellular Corporation [NYSE: USM] are jointly presenting at the 2015 Citi Internet, Media & Telecommunication Conference on Jan. 6, 2015, at 2:45 p.m. PST. LeRoy T. Carlson, Jr., TDS President and CEO; Kenneth R. Meyers, U.S. Cellular President and CEO; and Jane W. McCahon, TDS Vice President Corporate Relations will be attending.
To listen to the Citi presentation, please visit the Event... |
|12/11/14||U.S. Cellular Announces Sale of Towers in Divested Markets|
|CHICAGO, Dec. 11, 2014 /PRNewswire/ -- United States Cellular Corporation (NYSE: USM) today announced that it has entered into a definitive agreement with Vertical Bridge Holdings, LLC to sell 595 towers for approximately $159 million. The transaction is expected to close in the first quarter of 2015.
"We are very pleased to announce this transaction," said Kenneth R. Meyers, U.S. Cellular president and CEO. "We will use the proceeds from the sale of these non-strategic assets to invest in ... |
|12/02/14||U.S. Cellular sells $275 million of 7.25 percent notes|
|CHICAGO, Dec. 2, 2014 /PRNewswire/ -- United States Cellular Corporation (NYSE: USM) announced today that it sold $275 million of 7.25 percent Senior Notes due 2063 on Dec. 1, 2014. The notes are callable at par on and after December 8, 2019. Closing is expected to occur on Dec. 8, 2014.
The notes are expected to be listed on the New York Stock Exchange under the symbol "UZB".
Following completion of the offering, U.S. Cellular expects to use the net proceeds for general corporate purposes... |