Article: US Unwired Inc. Announces Pricing of $360 Million of Senior Secured Notes and Expiration of Tender Offer for Outstanding Senior Subordinated Discount Notes.

Business Editors

LAKE CHARLES, La.--(BUSINESS WIRE)--June 10, 2004

US Unwired Inc. ("US Unwired") (OTCBB:UNWR) today announced that it has priced an offering (the "Offering") of $360 million aggregate principal amount of senior secured notes, consisting of $125 million aggregate principal amount of first priority senior secured floating rate notes due 2010 (the "2010 Notes") and $235 million aggregate principal amount of 10% second priority senior secured notes due 2012 ("the 2012 Notes" and together with the 2010 Notes, "the Notes"). The 2010 Notes will bear interest at a rate equal to three-month LIBOR plus 425 basis points and are being offered to ...

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