NII Holdings, Inc. [NIHD] said Thursday that it plans to offer, through its wholly owned subsidiary NII International Telecom S.C.A., about $500 million principal amount of senior notes due 2019 to qualified institutional buyers.
NII said it plans to use the net proceeds from the notes offering to fund the payment in full of its Mexico bank loan and the remaining net proceeds to repay a portion of one of its Brazil bank loans.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.