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Technology Stocks : Lucent Technologies (LU)
LU 2.540-0.8%3:41 PM EST

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To: matt dillabough who wrote (15014)6/4/2000 8:19:00 PM
From: matt dillabough   of 21876
 
DJ Winstar Files $2B Notes Shelf; Notes Offered By Lucent

Dow Jones News Service ~ June 2, 2000 ~ 5:24 pm EST

WASHINGTON (Dow Jones)--Winstar Communications Inc. (WCII) filed a shelf registration for $2 billion of senior notes due 2010 on behalf of Lucent Technologies Inc. (LU)

According to a filing Friday with the Securities and Exchange Commission, Winstar's notes are being offered for resale from time to time by Lucent.

The filing also said that the company's WVF-I LLC unit entered a $2 billion credit facility with Lucent in May, which replaced a prior Lucent facility.

No underwriters were named in the filing.

Based in Winstar provides broadband services.

Lucent, Murray Hills, N.J., is a telecommunications equipment manufacturer.

-Humberto Sanchez; Dow Jones Newswires; 202-862-9251

(END) DOW JONES NEWS 06-02-00

05:24 PM

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