Barclays, Others Support T-Mobile, Sprint Merger

T-Mobile and Sprint agreed to merge in an all-stock transaction, a total implied enterprise value of approximately $59 billion for Sprint and approximately $146 billion for the combined company.

JPMorgan Agents New $6B Facility for Sprint

Sprint Communications closed a new $6 billion secured revolving and term loan credit facility with JPMorgan as administrative agent.

Sprint Bond Sale Brushes Bank Lenders Aside

Bloomberg reported that Sprint’s willingness to sacrifice its borrowing capacity, including a $3 billion revolver arranged by Citigroup and JPMorgan Chase, underscores the security provided by the wireless carrier’s new majority owner.