Windstream Secures Future for Long-Term Growth and Technology Leadership

Reduced Debt by More Than $4 Billion and Has Access to Approximately $2 Billion in New Capital to Fuel Sustainable Growth and Value Creation

Windstream Holdings, a communications and software company, today announced that the company has successfully completed its financial restructuring process as a privately held company. Through this process, the company has reduced its debt by more than $4 billion, or approximately two-thirds, and now has access to approximately $2 billion in new capital. With an enhanced capital structure, Windstream is now well-positioned to continue making substantial network and software investments, fuel sustainable growth and drive value for all its stakeholders.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200921005889/en/

Windstream President & CEO Tony Thomas (Photo Credit: Karen E. Segrave)

“Today marks the start of a new era for Windstream as an even stronger, more competitive company,” said Tony Thomas, president and chief executive officer

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