NII To Raise $500M In Note Sale

NII Capital is seeking to raise around $500 million in a sale of senior secured notes.

NII Capital is seeking to raise around $500 million in a sale of senior secured notes. The bonds, which will be due in 2021, will be issued by NII Capital and guaranteed by its parent company, NII Holdings. NII Capital may use the proceeds from the offering for general corporate purposes. The joint book-running managers for the sale are Goldman, Sachs, Credit Suisse Securities (USA), Deutsche Bank Securities, JP Morgan Securities and Morgan Stanley.

Click here for the release from PR Newswire.