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Sprint Corporation Message Board

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  • belobuster belobuster Nov 4, 2011 10:31 AM Flag

    s just announced private placement

    It is a private placement of bonds. Will be bought by high yield mutual funds. Deal will be done today after lunch. Credit default swap insurance is trading tighter. This is a very good thing for the equity as it addresses one of the looming questions surrounding the company.... how were they going to address the funding gap resulting from iPhone commitment, network vision, CLWR and bond maturities.

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