Alamosa calls $6.4 million 12 7/8% discount notes

By Caroline Salls

Pittsburgh, March 31 - Alamosa Holdings Inc. said subsidiary Alamosa (Delaware) Inc. will redeem all $6.4 million outstanding of its 12 7/8% senior discount notes due Feb. 15, 2010 on April 25 at a price of 106.438% of the principal amount plus interest accrued to the redemption date.

The redemption will be funded with available cash and will result in an interest savings of about $4 million over the next five years.

Alamosa is a Lubbock, Texas, PCS affiliate of Sprint.

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