Sprint Newsroom: Sprint Announces Increase in Aggregate Consent Payment and Acceleration of Expiration Time to May 17, 2018 Relating to Consent Solicitation With Respect to Certain Series of Notes by its Wholly-Owned Finance Subsidiary, Sprint Capital Corporation

Sprint Announces Increase in Aggregate Consent Payment and Acceleration of Expiration Time to May 17, 2018 Relating to Consent Solicitation With Respect to Certain Series of Notes by its Wholly-Owned Finance Subsidiary, Sprint Capital Corporation

OVERLAND PARK, Kan., May 16, 2018 /PRNewswire/ -- Sprint Corporation (NYSE: S) ("Sprint") announced today that Sprint Capital Corporation ("SCC"), which is a wholly-owned finance subsidiary of Sprint Communications, Inc. ("SCI"), which is in turn a wholly-owned subsidiary of Sprint, has amended the terms of its previously announced consent solicitation (the "SCC Consent Solicitation") with respect to certain proposed amendments to the indenture, dated as of October 1, 1998 (as supplemented and amended, the "SCC Indenture"), governing SCC's 6.875% Notes due 2028 (CUSIP No. 852060AD4) (the "2028 Notes") and 8.750% Notes due 2032 (CUSIP No. 852060AT9; 144A: 852060AQ5; Reg S: U84681AD4) (together with the 2028 Notes, the "SCC Notes," and each series of the SCC Notes, a "Series").

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