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Technology Stocks : RCN Corp. (RCNC) - Voice-Video-Internet

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To: MangoBoy who wrote (64)5/29/1998 11:04:00 AM
From: MangoBoy  Read Replies (1) of 720
 
[RCN Corporation Announces Intent to File for Public Offering of Senior Discount Notes]

PRINCETON, N.J., May 29 /PRNewswire/ -- RCN Corporation today announced that it intends to file a Registration Statement with the Securities and Exchange Commission for a public offering of Senior Discount Notes. The Notes are expected to be for a ten-year term and are expected to be issued at a discount to yield gross proceeds to RCN of $250,000,000. The offering will be made only by means of a prospectus.
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