NII Holdings Inc. (NIHD) announced its intention to offer, through its subsidiary NII Capital Corp., approximately $500 million principal amount of senior notes due 2019 to qualified institutional buyers.
The company intends to use the net proceeds for general corporate purposes, which may include, without limitation, expansion of its existing network, either through capital expenditures for internal expansion or acquisitions of other operators; the acquisition of telecommunications spectrum licenses or other assets; the deployment of new network technologies; or the refinancing, repayment or repurchase of outstanding indebtedness.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.