By Bloomberg News
Sprint Nextel Corp. has obtained a .1 billion revolving loan, replacing a .5 billion credit line due to expire in December.

The new revolver matures in October 2013.

JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp., Barclays Plc, Deutsche Bank AG, Goldman Sachs Group Inc., Wells Fargo & Co., Bank of Nova Scotia and Northern Trust Corp. are participating in the loan, said Cristi Allen, a Sprint spokeswoman.

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