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Wireless

Sprint to retire 35% of Clearwire 12% notes due 2017

Tuesday 1 October 2013 | 09:09 CET | News
US mobile operator Sprint has received a notice to redeem USD 175 million of 12 percent secured notes due 2017 to be issued by Clearwire on 30 October. The retirement equals 35 percent of the total amount of the outstanding 2017 Clearwire notes. Around USD 325 million, or 65 percent of the total amount of the notes originally issued, will remain outstanding.

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