UZD Profile
United States Cellular Corp (UZD) is a publicly traded company that issued a series of 6.250% senior notes due in 2060. The notes were issued in August 2020 in a private placement to institutional buyers in the United States. The notes are unsecured and rank equally with all of the company's other senior unsecured debt.
United States Cellular Corp is a wireless telecommunications service provider that offers a range of services such as voice, messaging, internet and data to customers in the United States. The company operates in 23 states and has over 4.9 million connections. The company's parent organization is Telephone and Data Systems, Inc. (TDS), a diversified telecommunications service provider. U.S. Cellular has a strong presence in the Midwest and Pacific Northwest, and its network covers both rural and urban areas.
Investing in UZD senior notes provides investors with a fixed-rate of return, with interest paid semi-annually until maturity in 2060. As with any investment, it is important to carefully consider the risks involved, including the potential for changes in interest rates and credit risk associated with the company's financial health.
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