...NEW YORK (S&P Global Ratings) Oct. 20, 2017--S&P Global Ratings said today that its ratings and outlook on Little Rock, Ark.-based telecommunications provider Windstream Holdings Inc. are not immediately affected by the company's announcement of exchange offers and consent solicitations across several series of its senior unsecured notes. Windstream is offering to exchange about $440 million of 7.50% senior unsecured notes due 2022 and about $340 million of 7.50% senior unsecured notes due 2023 for new 6.375% senior unsecured notes due 2023. The company is also offering to exchange about $810 million of 7.75% senior unsecured notes due 2021 for new 6.375% senior unsecured notes due 2023 or, subject to certain conditions, for new 8.625% senior secured notes due 2025. At the same time, the company is offering to exchange its approximately $650 million of 7.75% senior unsecured notes due 2020, subject to a maximum exchange amount, for new 8.625% senior secured notes due 2025. In addition to...
