Shearman & Sterling represented Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC, as joint-lead and bookrunning managers, and Mizuho Securities USA Inc., as co-manager, in connection with a private placement of $300 million aggregate principal amount of 6.50% Senior Notes due 2022 (the “New Notes”) of Consolidated Communications, Inc. (the “Company”) pursuant to Rule 144A and Regulation S. The New Notes were issued as additional notes under an indenture pursuant to which the Company previously assumed the $200,000,000 aggregate principal amount of 6.50% Senior Notes due 2022 (the “Existing Notes”) initially issued by Consolidated Communications Finance II Co. in September 2014. The New Notes are fully fungible with, rank equally to, and are treated as a single series with, and have the same terms as, the Existing Notes.

Consolidated Communications, Inc. is a regional communications service provider offering a full-suite of data and voice solutions to business and residential customers in Illinois, Texas, Pennsylvania, California, Kansas and Missouri.

The Shearman & Sterling team included partners Jason Lehner (Toronto-Capital Markets) and Larry Crouch (Menlo Park-Tax) and associates Ana Aur (Toronto-Capital Markets), Bilal Choksi (Toronto-Capital Markets), Heather Pals (New York-Corporate) and Ali Sultan (Menlo Park-Tax).

The Team