ATLANTA, May 14, 2013 /PRNewswire/ -- EarthLink, Inc. (NASDAQ: ELNK ) today announced plans to offer $300 million aggregate principal amount of senior secured notes due 2020 in a private offering to "qualified institutional buyers" as defined in Rule 144A under the Securities Act of 1933 (the "Securities Act") and outside the United States in reliance on Regulation S under the Securities Act. The net proceeds from the offering will be used, together with cash on hand, to purchase or redeem all of the outstanding 10.5% Senior Secured Notes due 2016 of ITC^DeltaCom, Inc. (EarthLink's wholly owned subsidiary) (the "ITC^DeltaCom Notes") on or shortly after the closing of the offering. This press release does not constitute an offer to sell or buy or the solicitation of an offer to buy or sell any of the securities described herein nor does it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.