| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers T > Headlines for Tenders 2005 > News item |
Rural Cellular exchanges $4 million 11 3/8% preferreds for 419,580 class A shares
New York, Sept. 21 - Rural Cellular Corp. said it issued 419,580 of its class A shares in exchange for $4 million of its 11 3/8% senior exchangeable preferred stock.
The Alexandria, Minn., wireless communication company settled the negotiated transactions between Sept. 14 and Sept. 21.
On Sept. 12, the company said it issued 421,476 class A shares for $3.535 million of its 11 3/8% preferreds. On Aug. 1, the company said it paid $13.4 million to repurchase $14.932 million of the preferreds during the second quarter.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.