LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. extended the expiration date of its recently announced exchange offer of public debt until Oct. 15 at the request of certain shareholders.
The carrier said it has received approximately $70.3 million in principal amount of 12.5-percent senior notes due 2011, $21.3 million in principal amount of 13.625-percent senior notes due 2011 and $18.2 million in principal amount of 12 percent senior discount notes due 2010 as of Oct. 7 in connection with the offer, which commenced Sept. 12. It is the final step in Alamosa’s financial restructuring, which included changes to its affiliate agreement with Sprint PCS.
