Qwest Offers Investment Grade Notes
By: Tim McPartland,
Qwest Corporation, a division of CenturyLink, is offering a investment grade note.
This issue is rated low investment grade and carries a coupon of 6.875%. This coupon is 3/4% above the coupon that was necessary to sell the notes issued in May, 2013.
It is noted that these notes do not mature until 2054–which is a non starter for us since we want to own shorter duration.
Details of the issue are here.