US-based NII Holdings, which operates under the Nextel brand, plans to offer US$400m senior notes maturing in 2019.
NII said it may use the notes to expand its existing network, for the acquisition of telecommunications spectrum licenses or other…
US-based NII Holdings, which operates under the Nextel brand, plans to offer US$400m senior notes maturing in 2019.
NII said it may use the notes to expand its existing network, for the acquisition of telecommunications spectrum licenses or other assets; the deployment of new network technologies; or the refinancing or settling outstanding indebtedness.
In a statement it said the notes would issued by NII International Telecom S.C.A., a partnership limited by shares organized and established under the laws of Luxembourg, and guaranteed by NII.
NII operates under the Nextel brand in Brazil, Mexico, Argentina, Peru and Chile, where it offers wireless services.
Today the company released its preliminary Q4 results ahead of full disclosure at the end of the month.
It expects to achieve revenues of US$6.1bn for 2012, but projects that 2013 will be more difficult with revenues in the range of US$5.7bn to US$5.9bn.
