(Source: Business Wire)

Windstream Corporation (NYSE: WIN) today announced the effectiveness of
the previously announced amendment and restatement of its senior secured
credit facilities.
Under the amendment and restatement, (i) the maturity date of
approximately $347.6 million of the revolving commitments will be
extended from July 17, 2011, to July 17, 2013; (ii) the maturity date of
approximately $168.9 million of the Term Loan A loans will be extended
from July 17, 2011, to July 17, 2013; and (iii) the maturity date of
approximately $1.078 billion of the Term B loans will be extended from
July 17, 2013 to December 17, 2015. The original maturity dates continue
to apply to approximately $152.4 million of revolving commitments,
approximately $114.4 million of Term Loan A loans and approximately
$290.5 million of Term Loan B loans.
This news release is for informational purposes only and is not an offer
to buy or the solicitation of an offer to sell any securities of
Windstream.
About Windstream
Windstream Corporation is an S&P 500 company that provides phone,
high-speed Internet and high-definition digital TV services to customers
in 16 states. The company also offers a wide range of IP-based voice and
data services and advanced phone systems and equipment to businesses and
government agencies. The company has approximately 3 million access
lines and about $3.1 billion in annual revenues. Windstream is ranked
4th in the 2009 BusinessWeek 50 ranking of the best performing U.S.
companies.
Windstream claims the protection of the safe-harbor for forward-looking
statements contained in the Private Securities Litigation Reform Act of
1995. Forward-looking statements are subject to uncertainties that could
cause actual future events and results to differ materially from those
expressed in the forward-looking statements. These forward-looking
statements are based on estimates, projections, beliefs, and assumptions
that Windstream believes are reasonable but are not guarantees of future
events and results. Actual future events and results of Windstream may
differ materially from those expressed in these forward-looking
statements as a result of a number of important factors.