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Dobson reports 97% of notes tendered

OKLAHOMA CITY-Dobson Communications Corp. reported that 97.2 percent of the total outstanding aggregate principal amount of Dobson/Sygnet Communications Corp.’s 12.25-percent senior notes were tendered by the close of business Sept. 12 in connection with the company’s tender proposal.

Pursuant to its proposal offer, Dobson/Sygnet said they will pay note holders who tendered their notes prior to Sept. 12 an aggregate consideration of $1,077.57 per $1,000 of principal notes tendered plus accrued and unpaid interest. Note holders who tender their notes before Oct. 7 will receive $1,047.57 per $1,000 of principal notes tendered plus accrued and unpaid interest.

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