SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report: December 11, 2002 BROADWING INC. (Exact name of registrant as specified in its charter) Ohio 1-8519 31-1056105 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 201 East Fourth Street Cincinnati, Ohio 45202 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (513) 397-9900 FORM 8-K BROADWING INC. ITEM 5. OTHER EVENT. On December 5, 2002, William A. Friedlander retired as a Director of the Broadwing Inc. Board of Directors. Mr. Friedlander served as a Director since April, 1986. Effective with Mr. Friedlander's retirement the Board of Directors resolved to reduce the size of the board to eleven members. Broadwing Inc. (NYSE: BRW) issued a press release on December 10, 2002 announcing that it has signed an agreement with investment funds managed by Goldman, Sachs & Co. to provide $200 million in financing to Broadwing in the form of Senior Subordinated Discount Notes due in 2009. A copy of the press release is attached as Exhibit 99(i). SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BROADWING INC. By: /s/ Jeffrey C. Smith ---------------------------------------------- Jeffrey C. Smith Chief Human Resources Officer, General Counsel and Corporate Secretary Date: December 11, 2002