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Wireless

Sprint raises USD 1.5 billion in debt offering

Wednesday 21 February 2018 | 16:57 CET | News
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Sprint has raised USD 1.5 billion in a new debt offering. The offering was increased from an initial USD 1 billion after strong demand. The notes carry interest of 7.625 percent and will be due in 2026. Sprint intends to use the net proceeds from the offering for general corporate purposes.

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Categories: Mobile & Wireless
Companies: Sprint
Countries: United States
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