SPRINT CORPORATION (NYSE:S) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 Entry into a Material Definitive Agreement.
On February 9, 2018, Sprint Corporation’s wholly-owned subsidiary, Sprint Communications, Inc. (the “Borrower”), executed a consent (the “Consent”) with JP Morgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”) for the Lenders under the Credit Agreement, dated as of February3, 2017 (the “Credit Agreement”), among the Borrower, the guarantors party thereto, the lenders party thereto (the “Lenders”) and the Administrative Agent.
to the Consent, (i)the Borrower’s guaranty on a senior unsecured basis of senior unsecured notes issued by Sprint Corporation is permitted under Section6.01(p)(i) of the Credit Agreement, subject to compliance with that provision and (ii)the Administrative Agent is authorized to effect the release of the property of the Borrower from the collateral securing obligations under the Credit Agreement.
The foregoing description of the Consent does not purport to be complete and is qualified in its entirety by reference to the Consent, which is filed as Exhibit 10.1 hereto and incorporated herein by reference.
Item 1.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are filed with this report:
| Exhibit No. |
Description |
| 10.1 | Consent, dated as of February 9, 2018, by and among Sprint Communications, Inc., as Borrower, JP Morgan Chase Bank, N.A., as Administrative Agent, and the lenders party thereto, to the Credit Agreement dated as of February 2, 2017. |
2
SPRINT Corp ExhibitEX-10.1 2 d527870dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 CONSENT,…To view the full exhibit click here
About SPRINT CORPORATION (NYSE:S)
Sprint Corporation (Sprint) is a holding company. The Company, along with its subsidiaries, is a communications company offering a range of wireless and wireline communications products and services that are designed to meet the needs of consumers, businesses, government subscribers and resellers. It operates through two segments: Wireless and Wireline. The Company offers wireless services on a postpaid and prepaid payment basis to retail subscribers and also on a wholesale basis. The Wireline segment provides voice, data and Internet Protocol (IP) communication services to its Wireless segment. The Company offers wireless and wireline services to subscribers in approximately 50 states, Puerto Rico, and the United States Virgin Islands under the Sprint corporate brand, which includes its retail brands of Sprint, Boost Mobile, Virgin Mobile and Assurance Wireless on its wireless networks utilizing various technologies.
