Midwest telecom company U.S. Cellular (USM) has announced that they will be selling some Senior Notes.
The notes will have an early redemption period starting in 2025.
The permanent ticker will be UZD once they begin trading on the NYSE in a few days–to a week or so.
The company has 3 other issues outstanding —they can be seen here.
The company has not indicated a redemption of outstanding issues definitively, but ‘use of proceeds’ may be for debt repayment. Investors should use caution as they have a 7.25% and 6.95% currently redeemable.