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Nextel Partners retires $50.2 million senior notes, to redeem preferreds
New York, Oct. 21 - Nextel Partners, Inc. said it retired $50.2 million principal amount of its senior notes during the third quarter.
The company did not give further details of the retirements.
The Kirkland, Wash. mobile phone operator also said it has given notice to holders of its 12% series B redeemable preferred stock that it will redeem the securities in the fourth quarter. As of Sept. 30, the redemption value of the series B preferreds was $38.3 million.
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