ALEXANDRIA, Va.-Paging and messaging carrier Metrocall Holdings Inc. said it made its final repayment and retirement of the $60 million aggregate principal amount of its senior notes, a move the company said marks a significant milestone in its quest to become debt free before year-end.
“By improving operating efficiencies and focusing on free cash flow generation, Metrocall has remained ahead of plan in all fiscal and operational areas, and we look forward to being the only debt-free independent wireless messaging company in the United States by year-end,” said Vincent Kelly, the carrier’s president and chief executive officer.