It was a little over a month ago that I covered the latest refinancing for communication services company CenturyLink (CTL). In the second half of this year, management has engaged in a series of financial transactions to improve the company's financial flexibility and reduce its interest expenses. As we enter the new year, one final transaction has been announced that makes the name even stronger for 2020.
While CenturyLink's debt pile soared after the Level 3 deal, the company has been working to reduce the total amount of borrowings ever since. Some free