Thursday, January 26, 2012

Clearwire Completes $300 Million Bond Sale

Clearwire completed a sale of $300.0 million aggregate principal amount of 14.75% first-priority senior secured notes due 2016 at an issue price of 100% (the “Notes�?). The funds will be used for the deployment of mobile 4G LTE technology alongside the mobile 4G WiMAX technology currently on its network and for the operation and maintenance of its networks and for general corporate purposes.

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