Level 3 Signs Agreement to Exchange Approximately $100 Million of Its 15% Convertible Senior Notes Due 2013 for Common Stock

BROOMFIELD, Colo., March 13, 2012 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) today announced that it has entered into an exchange agreement for its 15% Convertible Senior Notes due 2013 with Longleaf Partners Fund, a series of the Longleaf Partners Fund Trust, for which...