New York, March 14, 2016 -- Moody's Investors Service ("Moody's") has assigned a B1 (LGD3) rating to Windstream Services, LLC ("Windstream" or "the company") new senior secured term loan. Windstream plans to raise an incremental $400 million of secured debt to fund the repayment of near term maturities. Coincident with the term loan offering, Windstream has launched a tender offer to redeem up to $350 million of its 7.875% unsecured notes due November 2017. Moody's has affirmed Windstream's B1 corporate family rating (CFR), SGL-2 speculative grade liquidity rating and maintained stable outlook based on the improvement in Windstream's liquidity profile from the reduction in near term maturities.

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