LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. has again extended the expiration date of its offer to acquire its public debt from the end of business Nov.6 to Nov.7. The latest extension is the fourth Alamosa has offered since the offering was announced Sept. 12.
Alamosa noted that as of the end of business Nov. 6 it had received approximately 94.4 percent of the total outstanding amount of its 12.5-percent senior notes due 2011, 94.4 percent of its 13.625-percent senior notes due 2011, and 92.2 percent of its senior discount notes due 2010. Alamosa has said that if it does not meet the 97-percent minimum participation requirement on the notes it has the option to institute a prepackaged plan that would include a complete restructuring or bankruptcy filing.
