-----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, Vu3WPc4V5GmM5CbkZL9+KFuhFLCenW4hWnfq8XGKkTK3ERBxbnNDzGpdbXmwor40 QGaC7NN0njEh+aP5R+q4ZA== 0000912057-01-543190.txt : 20020413 0000912057-01-543190.hdr.sgml : 20020413 ACCESSION NUMBER: 0000912057-01-543190 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20011214 ITEM INFORMATION: Other events FILED AS OF DATE: 20011214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BROADWING INC CENTRAL INDEX KEY: 0000716133 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 311056105 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08519 FILM NUMBER: 1813548 BUSINESS ADDRESS: STREET 1: 201 E FOURTH ST 102 732 CITY: CINCINNATI STATE: OH ZIP: 45201 BUSINESS PHONE: 5133979900 MAIL ADDRESS: STREET 1: P O BOX 2301 CITY: CINCINNATI STATE: OH ZIP: 45201 FORMER COMPANY: FORMER CONFORMED NAME: CBI INC DATE OF NAME CHANGE: 19830814 FORMER COMPANY: FORMER CONFORMED NAME: CINCINNATI BELL INC /OH/ DATE OF NAME CHANGE: 19920703 8-K 1 a2066099z8-k.txt 8-K 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: December 14, 2001 BROADWING INC. (Exact name of registrant as specified in its charter) Ohio 1-8519 31-1056105 (State or other jurisdiction (Commission File (IRS Employer of incorporation) Number) Identification No.) 201 East Fourth Street Cincinnati, Ohio (Address of principal 45202 executive offices) (Zip Code) Registrant's telephone number, including area code: (513) 397-9900 FORM 8-K BROADWING INC. ITEM 5. OTHER EVENT. Please see attached copy of a news release that was released earlier today. 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. BROADWING INC. By: /s/ JEFFREY C. SMITH ------------------------------------------- Jeffrey C. Smith Chief Legal and Human Resources Officer and Corporate Secretary Date: December 14, 2001 EX-99.1 3 a2066099zex-99_1.txt EXHIBIT 99.1 [BROADWING LOGO] PRESS RELEASE - -------------------------------------------------------------------------------- INVESTOR CONTACT: MEDIA CONTACT: Matt Booher Thomas Osha 513.397.9904 513.397.7316 MATT.BOOHER@BROADWING.COM TOM.OSHA@BROADWING.COM BROADWING RECEIVES CREDIT AMENDMENT APPROVAL CINCINNATI--December 13, 2001--Broadwing Inc. (NYSE:BRW) today announced the approval, by its lenders, of an amendment to its Credit Agreement allowing the company to exclude the effects of its previously announced restructuring charge from the covenant calculations. "This approval demonstrates the confidence our lenders have in the decisive actions Broadwing has taken to strengthen our financial position and align our business to the opportunities currently available in this economic environment," said Rick Ellenberger, president and CEO of Broadwing Inc. On November 29, 2001, the company announced a restructuring initiative that would result in a charge of between $250 million to $300 million during the fourth quarter; approximately $75 million of which will be a cash component. ### ABOUT BROADWING Broadwing Inc. (NYSE: BRW) is an integrated communications company. Broadwing leads the industry as the world's first intelligent, all-optical, switched network provider and offers businesses nationwide a competitive advantage by providing data, voice and Internet solutions that are flexible, reliable and innovative on its 18,500-mile optical network and its award-winning IP backbone. Cincinnati Bell is one of the nation's most respected and best performing local exchange and wireless providers with a legacy of unparalleled customer service excellence and financial strength. The company was recently ranked number one in customer satisfaction by J.D. Power and Associates for both local residential telephone service and residential long distance among mainstream users. Cincinnati Bell provides a wide range of telecommunications products and services to residential and business customers in Ohio, Kentucky and Indiana. Broadwing Inc. is headquartered in Cincinnati, Ohio. For more information, visit WWW.BROADWING.COM. -more- NOTE: Information included in this news release contains forward-looking statements that involve potential risks and uncertainties. Broadwing's future results could differ materially from those discussed herein. Factors that could cause or contribute to such differences include, but are not limited to, Broadwing's ability to maintain its market position in communications services, general economic trends affecting the purchase of telecommunication services, world and national events that may affect the ability to provide services, and its ability to develop and launch new products and services. More information on potential risks and uncertainties is available in the company's recent filings with the Securities and Exchange Commission, including the 2000 Form 10-K for Broadwing Inc. and Broadwing Communications Inc. 2 -----END PRIVACY-ENHANCED MESSAGE-----