This is in Sprint's 8K filed regarding their debt offering.
ARTICLE TWO GENERAL TERMS AND CONDITIONS OF THE 2018 GUARANTEED NOTES (a) The title of the 2018 Guaranteed Notes is “9.000% Guaranteed Notes due 2018.”
(i) Clearwire and its Subsidiaries will be deemed to not be Subsidiaries of the Company and will be excluded from all restrictive covenants provided for in the Indenture or this Supplemental Indenture, unless and until (1) Clearwire or its Subsidiaries guarantee Designated Senior Debt and (2) the Company directly or indirectly acquires 100% of the Voting Securities of Clearwire.
>>>Sprint can't say they have at least contemplated acquiring 100% of Clearwire. <<<<<
J.P. MORGAN SECURITIES LLC MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED BARCLAYS CAPITAL INC. CITIGROUP GLOBAL MARKETS INC. DEUTSCHE BANK SECURITIES INC. GOLDMAN, SACHS & CO. SCOTIA CAPITAL (USA) INC. WELLS FARGO SECURITIES, LLC THE WILLIAMS CAPITAL GROUP, L.P.