OKLAHOMA CITY—Dobson Communications announced that it completed and closed its exchange of $150 million in unregistered senior floating rate notes due 2012, for notes that have been registered under the Securities Act, also due in 2012.
The notes were issued by the company in September in a private offering, and the exchange offer expired March 14. Dobson received tenders of 100 percent of the original notes.
Dobson’s stock was down slightly after the news to $7.50 per share.
