Clearwire on a $1.1 Billion Financing Hunt

Clearwire Communications (www.clearwire.com) plans to raise more than $1.1 billion through the offering of debt securities in private placement transactions. The company is offering $175 million first-priority senior secured notes due 2015, $500 million of secon...

Clearwire Communications (www.clearwire.com) plans to raise more than $1.1 billion through the offering of debt securities in private placement transactions. The company is offering $175 million first-priority senior secured notes due 2015, $500 million of second-priority secured notes due 2017 and $500 million of exchangeable notes due 2040 and will grant the initial purchasers of the exchangeable notes an option to purchase up to an additional $100 million of exchangeable notes.
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