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Sprint Looking to Raise More Capital Via Note Sale

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T Bone

Aug 9, 2012, 5:30 PM

Note? Is that like a bond?

You give them money today which they can then use to build the company and in return they promise to pay it back with interest later?

I have a few thousand dollars to invest....but I just don't feel like Sprint is a good investment....if I thought they had a chance to repay the money I might buy a few...
"Sprint Nextel Corp. (NYSE: S) announced today that it has commenced an underwritten public offering of notes due 2020 and notes due 2022."

It sounds to me that if one can wait eight to ten years, the return is guaranteed.

Aug 9, 2012, 2:50 PM

Another great Note sale option...

...would be if Sprint were to "sell" the Galaxy "Note" II if we can get Sammy to build a CDMA version.

Multi-carrier spread FTW Cool

I'm (not so) patiently waiting... Eh?
I read a rumor that the Verizon version will be called the Journal. Maybe Sprint could get in on that action.
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