UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): 03/31/2006
Time Warner Telecom Inc.
(Exact name of registrant as specified in its charter)
Commission File Number: 0-30218
DE | | 841500624 |
(State or other jurisdiction of | | (IRS Employer |
incorporation) | | Identification No.) |
10475 Park Meadows Drive, Littleton, CO 80124
(Address of principal executive offices, including zip code)
303-566-1284
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Information to be included in the report
Item 7.01. Regulation FD Disclosure
Time Warner Telecom Inc. announced that it has called for redemption $400 million in aggregate principal amount of its 10 1/8% Senior Notes due 2011. The notes were called at a redemption price of 105.063% of par, which equates to a premium of approximately $20 million. The redemption is scheduled to occur as of April 30, 2006, with payment on May 1, 2006. The Company will use the estimated net proceeds of approximately $363 million from its offering of 2.375% Convertible Senior Debentures due 2026 which closed on March 29, and cash on hand of approximately $57 million, to call the notes.
Signature(s)
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | | | | Time Warner Telecom Inc. |
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| Date: April 04, 2006 | | | | By: | | /s/ Tina Davis
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| | | | | | | | | Tina Davis |
| | | | | | | | | Vice President & Deputy General Counsel |
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