Dobson to Sell $330 Million in Debt
OKLAHOMA CITY (AP) _ Dobson Communications Corp., a provider of cell phone service to rural and suburban areas, said Tuesday it plans to sell up to $330 million in debt to pay off all of its $299 millionTuesday, September 6th 2005, 7:50 pm
By:
News On 6
OKLAHOMA CITY (AP) _ Dobson Communications Corp., a provider of cell phone service to rural and suburban areas, said Tuesday it plans to sell up to $330 million in debt to pay off all of its $299 million of outstanding notes from a previous offering.
Dobson said it intends to offer $150 million of senior floating rate notes due 2012, and $150 million of senior convertible debentures due 2025. The company also said it may sell up to another $30 million of senior convertible debt under an option granted to the initial buyers.
Get The Daily Update!
Be among the first to get breaking news, weather, and general news updates from News on 6 delivered right to your inbox!
More Like This
September 6th, 2005
September 29th, 2024
September 17th, 2024
Top Headlines
December 15th, 2024
December 15th, 2024
December 15th, 2024
December 15th, 2024