Clearwire Completes Loan

KIRKLAND, Wash. -- Clearwire Corporation (NASDAQ: CLWR) today completed the funding of the final tranche of its previously announced $1 billion senior secured term loan. Clearwire will use the proceeds of the term loan to refinance its existing debt and support its expansion plans. The company closed the first tranche of the term loan in July. Morgan Stanley, Merrill Lynch, JP Morgan and Citigroup led the transaction.

Clearwire LLC (Nasdaq: CLWR)