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BRIEF-CenturyLink terminates finance transactions

Oct 1 (Reuters) - CenturyLink Inc :

* Terminates finance transactions

* Says decided not to proceed with its previously-announced senior notes

offering at this time

* Qwest is hereby terminating its previously-announced cash tender offer for

its outstanding 7.125% notes due 2018

* Not proceeding with offering due to current market conditions

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