Alaska Communications Systems Announces Pricing of Private Offering of $120 Million of 6.25% Convertible Notes

Alaska Communications Systems Group, Inc. ALSK announced today the pricing of its private offering of $120 million aggregate principal amount of its 6.25% Convertible Notes due 2018, which was upsized from the previously announced $100 million aggregate principal amount offering, to be sold to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended. The offering is expected to close on May 10, 2011, subject to customary closing conditions.