Home › NII Holdings misses interest payment
 

Keywords :   


NII Holdings misses interest payment

2014-08-18 09:10:00| Telecompaper Headlines

(Telecompaper) NII Holdings announced that is has elected not to pay USD 118.8 million in interest due 15 August on senior notes issued by its subsidiaries NII Capital Corp and NII International Telecom SCA. There is still a 30-day grace period during which the company may elect to make the interest payments and cure any potential non-payment claims. NII, which operates under the brand Nextel, said it was still in talks with holders of its senior notes on a possible restructuring of the debt. 

Tags: interest payment holdings nii

Category:Telecommunications

Latest from this category

All news
»
05.07Tropical Storm Beryl Storm Surge Watch/Warning Map
05.07Tropical Storm Beryl Graphics
05.07Tropical Storm Beryl Forecast Discussion Number 29
05.07Tropical Storm Beryl Wind Speed Probabilities Number 29
05.07Tropical Storm Beryl Forecast Advisory Number 29
05.07Tropical Storm Beryl Public Advisory Number 29
05.07Summary for Tropical Storm Beryl (AT2/AL022024)
05.07Tropical Depression Aletta Graphics
More »