KIRKLAND, Wash.-Nextel Partners Inc. increased the amount of its previously announced agreement to sell $100 million of convertible senior notes due 2008 to $150 million.
In addition, Nextel Partners said it granted the initial purchasers an overallotment option to purchase up to an additional $25 million principal amount of notes.
Standard & Poor’s Ratings Services reported that the initial $100 million offering would not have any impact on Nextel Partners’ credit rating or outlook.
