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To: laleh who wrote (2728)10/24/1997 9:31:00 PM
From: laleh  Respond to of 10227
 
Federal Filings Business News
Hot News Diary
-October 24, 1997-

NEXTEL COMMUNICATIONS INC. (NXTL)

Nextel Communications Inc. disclosed in a filing with the Securities and Exchange Commission that on October 22 it completed the sale of approximately $1.13 billion senior serial redeemable discount notes due 2007. The notes were offered at an issue price of $619.96 per $1000 principal at maturity, and generated $682 million in net proceeds. The funds will be used for general corporate purposes.