March 18, 2010 (FinancialWire) — tw telecom inc.’s (NASDAQ: TWTC) tw telecom holdings inc. subsidiary has closed a private offering of $430 million aggregate principal amount of 8% senior notes due 2018.

The company said it will use the net proceeds from the offering to fund tw telecom holdings inc.’s purchase of its 9 1/4% senior notes due 2014 in a concurrent tender offer and consent solicitation.

Colorado-based tw telecom provides managed network services, specializing in Ethernet and data networking, Internet access, local and long distance voice, VPN, VoIP and network security, to enterprise organizations and communications services companies throughout the U.S., including their global locations.

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