Sprint Corporation announced the signing of three new vendor financing facilities totaling USD 1.8 billion to purchase 2.5 GHz network equipment and related services from key suppliers. These three new vendor financing agreements are a secured facility for up to USD 800 million from Nokia Networks maturing in June 2021, which is backed by credit insurance provided by Finnvera plc, the export credit agency of Finland; a secured facility for up to USD 750 million from Samsung maturing in December 2022, which is backed by credit insurance provided by the Korea Trade Insurance Corporation (Ksure), the export credit agency of Korea; and a secured facility for up to USD 250 million from ALU maturing in December 2021, backed by credit insurance provided by Delcredere | Ducroire (D/D), the export credit agency of Belgium. Each of these three new facilities is guaranteed by both Sprint Corporation and Sprint Communications Inc. and the respective equipment purchases will serve as collateral.

Reportedly, interest on these facilities will be variable, consisting of 6-month LIBOR plus a spread, depending on the particular facility. Also, Sprint amended and expanded by USD 300 million its credit relationship with Export Development Canada (EDC) as well as amended the terms of its existing secured equipment credit facility. Sprint also amended the terms of the secured equipment credit facility that it used to finance USD 1.0 billion in purchases of network equipment and related services from Ericsson.

The amendment of this facility aligned its financial covenants with those of Sprint's revolving credit facility and added Sprint Corporation as a guarantor. As of 30 September 2014, this facility had an outstanding principal balance of USD 635 million after accounting for prior repayments, which will continue semi-annually until March 2017.