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Technology Stocks : NEXTEL -- Ignore unavailable to you. Want to Upgrade?


To: Rob Prickett who wrote (8108)10/28/1998 11:05:00 AM
From: Bernie Diamond  Read Replies (1) | Respond to of 10227
 
Rob: Not junk-junk, just junk. <VBG> We have paid 12.25% for senior notes before. We have paid as low as just under 10% too. More info on release:
Last Moody's B2
Last S&P CCC+
Coupon 12%
ISS Price 98.578
Yield 12.75%
Spread +765 BP
Maturity 11/1/2008
First pay date & Pay freq - NA
Callable - Yes

This issue is callable starting Nov 1, 2003 at 106, on a sliding scale falling to par in 2008.

On our last refinancing (before the credit crunch) we did call in some
senior notes.

BerniE
NEXTEL x,xxx