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2015 Press Releases

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12 28 2015Communications Sales & Leasing to Present at the Citi 26th Annual Internet, Media & Telecommunications Conference
LITTLE ROCK, Ark., Dec. 28, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. (“CS&L”) (Nasdaq:CSAL) announced today that its President and Chief Executive Officer, Kenny Gunderman and Senior Vice President, Chief Financial Officer and Treasurer, Mark A. Wallace, are scheduled to present at the Citi 26th Annual Internet, Media & Telecommunications Conference.  The presentation is scheduled for 12:30 PM Eastern Time / 9:30 AM Pacific Time on Thursday, January 7, 2016 in ... 
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11 23 2015Communications Sales & Leasing to Present at The Bank of America Merrill Lynch 2015 Leveraged Finance Conference
LITTLE ROCK, Ark., Nov. 23, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. (“CS&L”) (Nasdaq:CSAL) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Mark A. Wallace, is scheduled to present at the Bank of America Merrill Lynch 2015 Leveraged Finance Conference.  The presentation is scheduled for 8:10am (Eastern Time) on Thursday, December 3, 2015 in Boca Raton, Florida. You may access a live webcast of the event at http://www.veraca... 
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11 13 2015Communications Sales & Leasing, Inc. Reports 2015 Third Quarter Results
Revenues of $173.6 million FFO and AFFO of $0.64 and $0.65 per diluted common share, respectively EPS of $0.06 per diluted common share LITTLE ROCK, Ark., Nov. 13, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. ("CS&L" or the “Company”) (Nasdaq:CSAL) today announced its financial results for the third quarter of 2015. THIRD QUARTER RESULTS Funds from Operations (“FFO”), as defined by the National Association of Real Estate Investment Trusts (“NAREIT”), attri... 
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11 06 2015Communications Sales & Leasing Declares $0.60 Per Share Quarterly Dividend
LITTLE ROCK, Ark., Nov. 06, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. (“CS&L”) (Nasdaq:CSAL) today announced that its Board of Directors declared a quarterly cash dividend of $0.60 per share, payable on January 15, 2016 to stockholders of record on December 31, 2015. ABOUT CS&L CS&L (Nasdaq:CSAL) is an internally managed triple-net-lease real estate investment trust engaged in the acquisition and construction of mission critical infrastructure in the c... 
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10 15 2015Communications Sales & Leasing Announces Third Quarter 2015 Earnings Release Date and Conference Call
LITTLE ROCK, Ark., Oct. 15, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. (“CS&L” or the “Company”) (Nasdaq:CSAL) announced today that it will issue its third quarter 2015 earnings release prior to the opening of trading on the Nasdaq Stock Exchange on Friday, November 13, 2015.  A conference call to discuss those earnings will be held the same day at 11:00 am Eastern Time (10:00 am Central Time).  The dial-in number for the conference call is (855) 542-4218 (or (412) 4... 
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09 03 2015Communications Sales & Leasing to Present at Bank of America Merrill Lynch 2015 Media, Communications & Entertainment Conference
LITTLE ROCK, Ark., Sept. 3, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. ("CS&L") (Nasdaq:CSAL) announced today that its SVP, Chief Financial Officer and Treasurer, Mark Wallace, is scheduled to present at the Bank of America Merrill Lynch 2015 Media, Communications & Entertainment Conference. The presentation is scheduled for 6:00pm (Central Time) on Wednesday, September 9, 2015. You may access the live webcast on CS&L's website at www.cslreit.com under the ... 
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08 13 2015Communications Sales & Leasing, Inc. Reports Results for the Period From April 24, 2015 Through June 30, 2015
Revenues of $128.7 million FFO and AFFO of $0.48 per diluted common share EPS of $0.05 per diluted common share LITTLE ROCK, Ark., Aug. 13, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. ("CS&L" or the "Company") (Nasdaq:CSAL) today announced its financial results for the second quarter of 2015. "We are extremely pleased with the successful launch of CS&L as an independent publicly traded REIT," commented Kenny Gunderman, President and Chief Execu... 
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08 11 2015Communications Sales & Leasing Declares $0.60 Per Share Quarterly Dividend
LITTLE ROCK, Ark., Aug. 11, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. ("CS&L") (Nasdaq:CSAL) today announced that its Board of Directors declared a quarterly cash dividend of $0.60 per share, payable on October 15, 2015 to stockholders of record on September 30, 2015. About CS&L CS&L (Nasdaq:CSAL), an S&P 400 Midcap Index company headquartered in Little Rock, Ark., is an internally managed triple-net-lease real estate investment trust primarily eng... 
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07 16 2015Communications Sales & Leasing Announces Second Quarter 2015 Earnings Release Date and Conference Call
LITTLE ROCK, Ark., July 16, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. ("CS&L" or the "Company") (Nasdaq:CSAL) announced today that it will issue its second quarter 2015 earnings release prior to the opening of trading on the Nasdaq Stock Exchange on Thursday, August 13, 2015. A conference call to discuss those earnings will be held the same day at 11:00 am Eastern Time (10:00 am Central Time). The dial-in number for the conference call is (855) 542-4218 (or (412) ... 
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06 04 2015Communications Sales & Leasing to Present at NAREIT's REITWeek 2015
LITTLE ROCK, Ark., June 4, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. ("CS&L") (Nasdaq:CSAL) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Senior Vice President, Chief Financial Officer and Treasurer, Mark A. Wallace, are scheduled to present at REITWeek 2015: NAREIT's Investor Forum. The presentation is scheduled for 8:00am (Eastern Time) on Wednesday, June 10, 2015. You may access the webcast at https://reitstream.com/reitwe... 
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06 01 2015Communications Sales & Leasing to Present at Stephens Spring Investment Conference 2015
LITTLE ROCK, Ark., June 1, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. ("CS&L") (Nasdaq:CSAL) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present at the Stephens Spring Investment Conference 2015. The presentation is scheduled for 2:00pm (Eastern Time) on Tuesday, June 2, 2015. You may access the webcast at http://wsw.com/webcast/stph24/csal, which link may also be found on CS&L's website at www.cslreit.com un... 
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06 01 2015Communications Sales & Leasing Announces Board of Director Appointments
LITTLE ROCK, Ark., June 1, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. ("CS&L" or the "Company") (Nasdaq:CSAL) announced today the appointments of Jennifer Banner and David Solomon to the Company's Board of Directors, increasing the size of the Company's Board from two to four members. "I am privileged to welcome Jennifer and David to our Board as we continue to diversify and grow our company. They each bring diverse experience, executive leadership, and a commitmen... 
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05 06 2015UPDATE -- Communications Sales & Leasing Declares $.4418 Pro-Rated Quarterly Dividend
LITTLE ROCK, Ark., May 6, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. ("CS&L") (Nasdaq:CSAL) today announced that its Board of Directors declared a pro-rated $.4418 per share quarterly dividend to its common stockholders. CS&L was formed as a public company following the completion of its spinoff from Windstream Holdings, Inc. on April 24, 2015. Stockholders of record at the close of business on June 30, 2015, will receive a cash dividend of $.4418 per share pay... 
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05 06 2015Communications Sales & Leasing Declares $.4418 Pro-Rated Quarterly Dividend
LITTLE ROCK, Ark., May 6, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc. ("CS&L") (Nasdaq:CSAL) today announced that its Board of Directors declared a pro-rated $.4418 per share quarterly dividend to its common stockholders. CS&L was formed as a public company following the completion of its spinoff from Windstream Holdings, Inc. on April 24, 2015. Stockholders of record at the close of business on June 30, 2015, will receive a cash dividend of $.4418 per share for... 
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04 24 2015Communications Sales & Leasing, Inc. Formed Through Spinoff
Creates First REIT Focused on Communication Distribution Systems LITTLE ROCK, Ark., April 24, 2015 (GLOBE NEWSWIRE) -- Communications Sales & Leasing, Inc., or CS&L, (Nasdaq: CSAL) today announced its formation as a public company with the completion of its spinoff from Windstream Holdings, Inc. ("Windstream"), creating what we believe to be the first real estate investment trust ("REIT") focused on acquiring and leasing communication distribution systems. CS&L's stock begins tradin... 
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04 16 2015Communications Sales & Leasing, Inc. Announces Pricing of Notes Offerings and Senior Secured Credit Facilities
LITTLE ROCK, Ark., April 16, 2015 – Communications Sales & Leasing, Inc. (“CS&L” or the “Company”) and CSL Capital, LLC (the “Co-Issuer” and, together with CS&L, the “Issuers”) announced today that they have priced their previously announced offerings of $400 million aggregate principal amount of 6.00% senior secured notes (the “Secured Notes”) and $1.11 billion aggregate principal amount of 8.25% senior unsecured notes (the “Senior Notes” and, together with the Secured Notes, the “N... 
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03 30 2015Windstream REIT names chief financial officer
LITTLE ROCK, Ark. – Communications Sales & Leasing Inc., (CS&L), the planned real estate investment trust to be spun off from Windstream (Nasdaq: WIN), has named Mark Wallace as senior vice president, chief financial officer and treasurer. Wallace formerly served as a managing director at Fortress Investment Group Inc., a global private equity, real estate and asset management firm. The appointment is effective April 1. “I’m delighted that Mark is joining CS&L as our chief financi... 
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03 30 2015Communications Sales & Leasing, Inc. announces launch of notes offerings
LITTLE ROCK, Ark. – Communications Sales & Leasing, Inc. (“CS&L” or the “Company”) and CSL Capital, LLC (the “Co-Issuer” and, together with CS&L, the “Issuers”) announced today the planned offering, subject to market and other conditions, of approximately $540 million aggregate principal amount of senior secured notes (the “Secured Notes”) and $1.11 billion aggregate principal amount of senior unsecured notes (the “Senior Notes” and, together with the Secured Notes, the “Notes”). Th... 
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03 26 2015Windstream Board of Directors gives final approval for REIT spinoff and declares prorated cash dividend
Transaction allows Windstream to reduce more than $4 billion in debt and increase network investments to enhance service to customers Creates new opportunities for both companies to increase shareholder value Windstream affirms 2015 financial guidance LITTLE ROCK, Ark. – Windstream Holdings Inc. (Nasdaq: WIN) announced today the company’s board of directors has given final approval, subject to certain terms and conditions, for the tax-free spinoff of select telecommunications network... 
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03 19 2015Windstream REIT announces executive appointments
LITTLE ROCK, Ark. – Communications Sales & Leasing Inc., (CS&L), the planned real estate investment trust to be spun off from Windstream (Nasdaq: WIN), has named Daniel Heard as general counsel. Heard is a partner in the Little Rock offices of Kutak Rock LLP. The appointment is effective April 1, 2015. CS&L also announced that Rob Clancy has been named assistant treasurer and vice president of investor relations. Clancy previously served as senior vice president of finance at Cbey... 
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02 12 2015Windstream names Kenny Gunderman REIT CEO
LITTLE ROCK, Ark. – Windstream (Nasdaq: WIN) has named Kenny Gunderman, president and chief executive officer of the company’s planned real estate investment trust (REIT) spinoff, Communications Sales & Leasing, Inc. (CS&L). Gunderman currently serves as executive vice president and co-head of investment banking for Stephens, Inc. The appointment is effective March 2. “Kenny’s extensive background in investment banking and his deep relationships throughout the telecom industry unique... 
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