(RTTNews) - Friday afternoon, Alltel Corp.
(AT), a provider of wireless voice and data communications services, reported that the cash tender offers and consent solicitation for the outstanding debt securities of its subsidiaries Alltel Communications, and Alltel Ohio Limited Partnership has expired.
Alltel Communications closed the offering of 6.65% of senior notes due 2008 for an outstanding principal amount of $38.98 million. Additionally, Alltel Communications closed another offering of 7.60% of Senior Notes due 2009 for an outstanding principle amount of 52.97 million. Also, Alltel Ohio completed the offering of 8.00% Noted due 2010 for an outstanding principle amount of 297.34 million.
The company, headquartered at Little Rock in Arkansas, noted that dealer managers and solicitation agents for the offering and consent solicitation were Citi and Goldman, Sachs & Co.
Shares of AT are currently trading at $71.46, up 0.37%, on a volume of 234.84 million.
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