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Qwest said Monday it has received a $1.035 billion revolving line of credit that expires Sept. 30, 2013.

The new line replaces the company’s pre-existing revolving-credit agreement scheduled to expire next Oct. 21.

Wachovia Bank, an affiliate of Wells Fargo Securities, is the administrative agent. The new line would be used for general corporate purposes, including capital expenditures and debt refinancing.

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