Sprint Nextel said Friday it plans to retire $2.28 billion...
Sprint Nextel said Friday it plans to retire $2.28 billion in debt from its 2014 and 2015 Nextel maturities notes. That includes $1.17 billion from the 2014 debt maturities and $1.11 billion from the 2015 maturities, the carrier said. The…
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notes will be redeemed at par, plus accrued and unpaid interest through the planned payment date of Nov. 19, Sprint Nextel said. After the payment, “no 2014 or 2015 Nextel Notes will remain outstanding,” the carrier said (http://xrl.us/bnyuon).