Filed Pursuant to Rule 433 under the Securities Act of 1933
Registration Statement No. 333-171301
Issuer Free Writing Prospectus, dated November 8, 2012
SPRINT NEXTEL CORPORATION
6.000% Notes due 2022
This Free Writing Prospectus relates to the 6.000% Notes due 2022 (the Notes) of Sprint Nextel Corporation and should be read together with the Preliminary Prospectus Supplement dated November 8, 2012 relating to the Notes.
Issuer: |
Sprint Nextel Corporation | |||
Security: |
6.000% Notes due 2022 | |||
Size: |
$2,280,000,000 aggregate principal amount | |||
Maturity Date: |
November 15, 2022 | |||
Coupon: |
6.000% | |||
Offering Price: |
100.000% of face amount | |||
Gross Proceeds: |
$2,280,000,000 | |||
Net Proceeds to Issuer (before expenses): |
$2,245,800,000 | |||
Yield to Maturity: |
6.000% | |||
Spread to Treasury: |
+437 basis points | |||
Benchmark Treasury: |
UST 1.625% due August 15, 2022 | |||
Interest Payment Dates: |
May 15 and November 15, commencing May 15, 2013 | |||
Make-Whole Call: |
At any time, at the Treasury Rate plus 50 basis points | |||
Change of Control Triggering Event: |
If a change of control triggering event occurs, the Issuer will be required, subject to certain conditions, to make an offer to purchase the Notes at a price equal to 101% of the aggregate principal amount of the Notes, plus accrued but unpaid interest to, but not including, the date of repurchase (all as described in the Issuers Preliminary Prospectus Supplement dated November 8, 2012 relating to the Notes). | |||
Settlement: |
(T+3) November 14, 2012 |
CUSIP: ISIN: |
852061AS9 US852061AS99 | |||
Joint Book-Running Managers: |
Merrill Lynch, Pierce, Fenner & Smith Incorporated Barclays Capital Inc. Citigroup Global Markets Inc. Deutsche Bank Securities Inc. Goldman, Sachs & Co. J.P. Morgan Securities LLC | |||
Senior Co-Managers: |
Credit Suisse Securities (USA) LLC Scotia Capital (USA) Inc. Wells Fargo Securities, LLC | |||
Co-Manager: |
The Williams Capital Group, L.P. |
Sprint Nextel Corporation has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus supplement and the accompanying prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about Sprint Nextel Corporation and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, any underwriter or any dealer participating in the offering will arrange to send you the prospectus supplement, including the accompanying prospectus, if you request it by contacting Merrill Lynch, Pierce, Fenner & Smith Incorporated toll free at 1-800-294-1322, Barclays Capital Inc. toll free at 1-888-603-5847, Citigroup Global Markets Inc. toll free at 1-800-831-9146, Deutsche Bank Securities Inc. toll free at 1-800-503-4611, Goldman, Sachs & Co. at 1-866-902-1171 and J.P. Morgan Securities LLC collect at 1-212-834-4533.