0000950123-11-087087.txt : 20110928 0000950123-11-087087.hdr.sgml : 20110928 20110927174146 ACCESSION NUMBER: 0000950123-11-087087 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110928 DATE AS OF CHANGE: 20110927 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: QWEST CORP CENTRAL INDEX KEY: 0000068622 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 840273800 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-156101-03 FILM NUMBER: 111110439 BUSINESS ADDRESS: STREET 1: 1801 CALIFORNIA ST STREET 2: SUITE 2950 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3038963099 MAIL ADDRESS: STREET 1: 1801 CALIFORNIA ST STREET 2: SUITE 2950 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: MOUNTAIN STATES TELEPHONE & TELEGRAPH CO DATE OF NAME CHANGE: 19910109 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: QWEST CORP CENTRAL INDEX KEY: 0000068622 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 840273800 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1801 CALIFORNIA ST STREET 2: SUITE 2950 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3038963099 MAIL ADDRESS: STREET 1: 1801 CALIFORNIA ST STREET 2: SUITE 2950 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: MOUNTAIN STATES TELEPHONE & TELEGRAPH CO DATE OF NAME CHANGE: 19910109 FWP 1 h84486f1fwp.htm FWP fwp
Filed pursuant to Rule 433
Registration no. 333-156101-03
Qwest Corporation
$950,000,000 6.75% Notes due 2021
Pricing Term Sheet
Date: September 27, 2011
     
Issuer:
  Qwest Corporation
Principal Amount:
  $950,000,000
Security:
  $950,000,000 6.75% Notes due 2021
Maturity:
  December 1, 2021
Coupon:
  6.75%
Issue Price:
  98.181%
Yield to Maturity:
  7.00%
Spread to Benchmark Treasury:
  4.996%
Benchmark Treasury:
  2.125% due August 15, 2021
Benchmark Treasury Yield:
  2.004%
Interest Payment Dates:
  June 1 and December 1, commencing June 1, 2012
Interest Calculation Convention:
  30/360
Denominations:
  $2,000 minimum x $1,000
Optional Redemption:
  At any time by the Issuer at greater of Par or Make-Whole at discount rate of Treasury plus 50 basis points.
Settlement Date:
  T+5; October 4, 2011
CUSIP Number:
  74913GAX3
ISIN/Common Code:
  US74913GAX34
Anticipated Ratings*:
  BBB- by Standard & Poor’s Ratings Services (Stable outlook); Baa3 by Moody’s Investors Service, Inc. (Negative outlook); BBB- by Fitch Ratings Ltd. (Stable outlook)
Joint Book-Running Managers:
  Citigroup Global Markets Inc.
J.P. Morgan Securities LLC
Deutsche Bank Securities Inc.
Mitsubishi UFJ Securities (USA), Inc.
SunTrust Robinson Humphrey, Inc.
Co-Managers:
  BNY Mellon Capital Markets, LLC
Fifth Third Securities, Inc.
Mizuho Securities USA Inc.
U.S. Bancorp Investments, Inc.
 
*   Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Citigroup Global Markets Inc. at 1-877-858-5407 or J.P. Morgan Securities LLC collect at 212-834-4533.