Alltel Corp. was founded in 1983 and is headquartered in Little Rock, Arkansas, primarily focused on telecommunications services, particularly wireless communication solutions. The company offers a broad range of products, including mobile voice and data services, along with various wireless accessories tailored for both consumers and businesses.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ALLTEL 6.80% 2029-05-01 USDAlltel Corp. | United States | 2029-05-01 | 6.800 | 4.68 |
| ALLTEL 7.88% 2032-07-01 USDAlltel Corp. | United States | 2032-07-01 | 7.875 | 4.79 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Alltel Corp. entered the bond market in the early 1990s, issuing its first series of corporate bonds to finance expansion and operational improvements. Significant bond issuances include a $2.5 billion offering in 2006, aimed at funding acquisitions and refining its capital structure amid industry consolidation. Current yields on Alltel bonds remain competitive within the telecommunications sector, reflecting investor confidence in its stability and growth strategy. Recent news highlights a refinancing effort to capitalize on lower interest rates, enhancing liquidity and strengthening its balance sheet.