-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HuYZgGM0fHhMukIG9jvEsqMjydmcWdYI891BDpsPFDkcXJy+lZhd4CZ0JaUoOpSL 4018acg3+yAhOeQPAFhgLg== 0000018926-07-000015.txt : 20070814 0000018926-07-000015.hdr.sgml : 20070814 20070814132548 ACCESSION NUMBER: 0000018926-07-000015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070814 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070814 DATE AS OF CHANGE: 20070814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTURYTEL INC CENTRAL INDEX KEY: 0000018926 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 720651161 STATE OF INCORPORATION: LA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07784 FILM NUMBER: 071053255 BUSINESS ADDRESS: STREET 1: P O BOX 4065 STREET 2: 100 CENTURYTEL DR CITY: MONROE STATE: LA ZIP: 71203 BUSINESS PHONE: 3183889000 MAIL ADDRESS: STREET 1: 100 CENTURYTEL DR STREET 2: P O BOX 4065 CITY: MONROE STATE: LA ZIP: 71203 FORMER COMPANY: FORMER CONFORMED NAME: CENTURY TELEPHONE ENTERPRISES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CENTRAL TELEPHONE & ELECTRONICS CORP DATE OF NAME CHANGE: 19720512 8-K 1 subm8k.htm COMPLETION OF REDEMPTION OF 4.75% CONVERTIBLE SENIOR DEBENTURES subm8k.htm
 
 
 
 
 
 
 
 

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 

 

FORM 8-K



Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):
 
August 14, 2007



CenturyTel, Inc.
(Exact name of registrant as specified in its charter)

 

Louisiana
1-7784
72-0651161
(State or other jurisdiction of
(Commission File Number)
(I.R.S. Employer
incorporation or organization)
 
Identification No.)
 
 
 

 
100 CenturyTel Drive, Monroe, Louisiana 71203
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (318) 388-9000
 
 
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))

 
Item 8.01
Other Events

On August 14, 2007, we issued a press release announcing the completion of the redemption of our 4.75% Convertible Senior Debentures, Series K, due 2032.  The complete press release is included as Exhibit 99.1.
 
Item 9.01
Financial Statements and Exhibits
 
(d)      Exhibit

99.1  
    Press release dated August 14, 2007 announcing the completion of the redemption of our 4.75% Convertible Senior Debentures.

 

 
SIGNATURES

    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.

 
 
 
CENTURYTEL, INC.
 
 
 
 
 
 
 Dated: August 14, 2007
 
By:/s/ Neil A. Sweasy    
 
 
Neil A. Sweasy
 
 
Vice President and Controller
EX-99.1 2 exh99.htm NEWS RELEASE Unassociated Document
 
Exhibit 99.1
CENTURYTEL NEWS RELEASE


FOR IMMEDIATE RELEASE:
FOR MORE INFORMATION CONTACT:
August 14, 2007
Investors: Tony Davis 318.388.9525
tony.davis@centurytel.com



CenturyTel Completes Redemption of its 4.75% Convertible Senior Debentures, Series K, due 2032


    MONROE, La… CenturyTel, Inc. (NYSE:  CTL) announced today that it has completed the optional redemption, which was originally announced on July 12, 2007, of all $165 million of its 4.75% Convertible Senior Debentures, Series K, due 2032.

    In lieu of cash redemption, holders of approximately $149.6 million aggregate principal amount of the debentures elected to convert their holdings into approximately 3.7 million shares of CenturyTel common stock at a conversion price of $40.455. The remaining $15.4 million of outstanding debentures were retired for cash (including premium and accrued and unpaid interest) in accordance with the terms of the Convertible Debentures. As a result, CenturyTel no longer has any of the Series K debentures outstanding. We will reflect a pre-tax charge of approximately $366,000 in third quarter 2007 for the premium on the cash redemption.

    The Company has historically included the effect of an assumed conversion of all of the Convertible Debentures in its diluted shares outstanding pursuant to applicable accounting guidelines. Therefore, the $149.6 million conversion of the debentures into common stock will not result in an increase in diluted shares outstanding.

    CenturyTel (NYSE: CTL) is a leading provider of communications, high speed Internet and entertainment services in small-to-mid-size cities through our broadband and fiber transport networks.  Included in the S&P 500 Index, CenturyTel delivers advanced communications with a personal touch to customers in 25 states.  Visit us at http://www.centurytel.com. 





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