Cases & Deals

  • Home
  • Practices
  • Sprint amends existing receivables facility to include lease receivables and expands total capacity to $4.3 billion

Share

Sprint amends existing receivables facility to include lease receivables and expands total capacity to $4.3 billion

November 2015

Client(s) Sprint Corporation

Jones Day advised Sprint Corporation, a communications services company, in connection with its $1 billion increase to its existing receivables facility with Mizuho Bank, Ltd.; The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch; and SMBC Nikko Securities America, Inc., each as administrative agent. The new receivables facility permits the sale of future lease receivables and increases the maximum funding limit to a total of $4.3 billion.

Contacts

Before sending, please note:

Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.