Subject: [NEXTEL-1] Nextel to offer $1 billion in senior notes

From: [email-masked]
Date: Thu, 18 Sep 2003 10:42:04 -0400

Nextel to offer $1 billion in senior notes

Wed September 17, 2003 10:03 PM ET
NEW YORK, Sept 17 (Reuters) - Wireless service
provider  NextelCommunications Inc. NXTL.O said
on Wednesday it is offering $1 billion of 7.375
percent senior serial redeemable notes.

The notes, due in 2015, have an offer price of 101
percent of the principal amount, the company said
in a statement.

The Reston, Virginia-based company said it plans
to use the proceeds for general corporate
purposes.

http://reuters.com/financeNewsArticle.jhtml?type=bondsNews&storyID=3464066

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