-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Acj3VJeC7NfWy5ftSjiHDpF6oPdbHrerlvlLtEX8iHB4jmZYa8IE8j9WCspKMDUU xI0KI4Pj7r0P8QxXR870fQ== 0000950133-06-003157.txt : 20060630 0000950133-06-003157.hdr.sgml : 20060630 20060630162655 ACCESSION NUMBER: 0000950133-06-003157 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060627 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20060630 DATE AS OF CHANGE: 20060630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NII HOLDINGS INC CENTRAL INDEX KEY: 0001037016 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 911671412 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-32421 FILM NUMBER: 06938108 BUSINESS ADDRESS: STREET 1: 10700 PARKRIDGE BLVD STREET 2: SUITE 600 CITY: RESTON STATE: VA ZIP: 20191 BUSINESS PHONE: 7034334000 MAIL ADDRESS: STREET 1: 10700 PARKRIDGE BLVD STREET 2: SUITE 600 CITY: RESTON STATE: VA ZIP: 20191 FORMER COMPANY: FORMER CONFORMED NAME: NEXTEL INTERNATIONAL INC DATE OF NAME CHANGE: 19970919 FORMER COMPANY: FORMER CONFORMED NAME: MCCAW INTERNATIONAL LTD DATE OF NAME CHANGE: 19970402 8-K 1 w22890e8vk.htm FORM 8-K e8vk
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 27, 2006
 
NII HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
         
Delaware
(State or other jurisdiction
of incorporation) 		  000-32421
(Commission
File Number) 		  91-1671412
(I.R.S. Employer
Identification No.)
     
10700 Parkridge Boulevard, Suite 600
Reston, Virginia
(Address of principal executive offices) 		  20191
(Zip Code)
Registrant’s telephone number, including area code: (703) 390-5100
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
  o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
  o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
  o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
  o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

 

Item 1.01. Entry into a Material Definitive Agreement.
              On June 27, 2006, Nextel Mexico, our Mexican subsidiary, entered into an Amended and Restated Credit Agreement dated as of June 27, 2006 (the “Amended Credit Agreement”) by and among Nextel Mexico, as borrower, the financial institutions parties thereto, as lenders, Citibank, N.A., as administrative agent, Citigroup Global Markets, Inc., as bookrunner and joint lead arranger, Scotiabank Inverlat, S.A., Institucion, Grupo Financiero Scotiabank Inverlat, as bookrunner and syndication agent, and ABN Amro Bank N.V., as bookrunner and documentation agent. The Amended Credit Agreement amended and restated the Credit Agreement dated as of October 27, 2004 (the “Original Credit Agreement”) by and among such parties.
              In general, the Amended Credit Agreement made the following material modifications to the Original Credit Agreement, which modifications became effective as of June 27, 2006:
  •   Reduced the applicable interest rates for loans made under the facility by approximately 112 basis points;
 
  •   Increased Nextel Mexico’s borrowing ability by approximately U.S. $60.0 million, which increased Nextel Mexico’s aggregate borrowing ability under the facility up to U.S. $296.9 million;
 
  •   Extend the average life of Tranche A loans (U.S. dollar based loans with floating interest rates based on LIBOR) from four year loans whereby principal is amortized and paid during such period to five year loans whereby principal is paid at the end of such five year period;
 
  •   Added a re-opening feature that enables Nextel Mexico to borrow additional funds after the original closing/funding of the loans; and
 
  •   Provided covenant flexibility by excluding non-cash items from EBITDA calculations.

 

 

SIGNATURES
              Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  NII HOLDINGS, INC.
 		  
Date: June 30, 2006  By:   /s/ Robert J. Gilker    
    Robert J. Gilker   
    Vice President, General Counsel and Secretary   
 

 

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