Windstream Corp. announced that it is seeking the consent of its lenders to amend and restate its existing senior secured credit facilities to, among other things: (i) provide for the incurrence of $280 million of additional term loans, the proceeds of which will be used to partially repay the credit facility revolver (without any reduction in commitments); (ii) extend the maturity of certain existing term loans; (iii) provide for the ability to refinance and extend the maturity of any term loan or revolving loan with the consent of the affected lenders; and (iv) modify certain other definitions and provisions.

The company expects to complete the amendment and restatement, subject to the receipt of required consents and other customary conditions, in February 2012.

Windstream Corp. is a provider of advanced network communications, including cloud computing and managed services, to businesses nationwide.