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Investor Profile - Sprint Nextel Corporation

Using Sprint Nextel Corporation, I need to identify two lenders the firm uses, identify the investment bank the firm uses to issue stock and identify and discuss the role these intermediaries play for the firm.

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Lenders:

Export Development, Canada: In March 2007, the company entered into a $750 million unsecured loan agreement with Export Development Canada. This loan will mature in March 2012. The terms of this loan provide for an interest rate equal to LIBOR plus a spread that varies depending on our credit ratings.

Revolving bank credit facility provides for total unsecured financing capacity of $6.0 billion.

Reference: http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0001193125-08-043559&Type=HTML

Sprint nextel uses investment banking firms like Goldman Sachs, Bear Sterns for issuing stocks and other investment banking purposes, such as for the spin off of Embarq recently.

Role of intermediaries like investment bankers:

Investment bankers ...

Solution Summary

Using Sprint Nextel Corporation, I need to identify two lenders the firm uses, identify the investment bank the firm uses to issue stock and identify and discuss the role these intermediaries play for the firm.

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