Reuters: Sprint getting close to securing $40B financing for T-Mobile deal
A report published by Reuters late last night claims that Sprint is close to securing the necessary finances for its deal to buy T-Mobile. Citing sources familiar with the matter, Sprint has lined up eight banks to fund the acquisition of TMUS. The debt package exceeds $40 billion and includes a bridge loan of roughly $20 billion from Japan‘s Softbank Corp to Sprint, as well as some $20 billion refinancing of T-Mobile’s existing debt, the people said this … [read full article]















