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Published on 11/6/2009 in the Prospect News Convertibles Daily.

Sprint Nextel calls all $607 million 5.25% convertible notes

By Jennifer Chiou

New York, Nov. 6 - Sprint Nextel Corp. redeemed all $607 million of its 5.25% convertible senior notes due 2010 on Sept. 16, according to a 10-Q filing with the Securities and Exchange Commission.

The company also paid accrued interest in the par redemption.

Sprint Nextel is an Overland Park, Kan.-based provider of wireless and wireline communications services.


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