CenturyLink, Inc. (NYSE:CTL) recently announced that its subsidiary, Qwest Corporation, agreed to sell $500 million aggregate principal amount of 7.50% Notes due 2051. Qwest Corporation also granted the underwriters of this offering an option to acquire up to an additional $75.0 million principal amount of these notes to cover over-allotments. The notes are callable at par on and after September 15, 2016. The closing of this offering is expected to occur on September 21, 2011.

CenturyLink, Inc., together with its subsidiaries, operates as an integrated communications company. CenturyLink, Inc. was founded in 1968 and is based in Monroe, Louisiana.

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