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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): November 30, 1999 (November 24, 1999)
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NEXTEL COMMUNICATIONS, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-19656 36-3939651
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
2001 EDMUND HALLEY DRIVE, RESTON, VIRGINIA 20191
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including
area code: (703) 433-4000
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
On November 24, 1999, Nextel issued a press release announcing that its board of
directors determined that Dan Akerson should continue as chairman of the Nextel
board in 2000 and that Janet Hill was appointed to the board of directors. A
copy of this press release is filed as Exhibit 99.1 hereto and is incorporated
herein by reference.
In addition, on November 30, 1999, Nextel issued notices to redeem all of its
outstanding:
(A) 10.25% Senior Discount Notes due December 15, 2005 (the "2005 Notes");
(B) 12.25% Senior Redeemable Discount Notes due April 15, 2004 (the "2004
Notes"); and
(C) 11.5% Senior Redeemable Discount Notes due September 1, 2003 (the "2003
Notes"),
with such redemption transactions scheduled to be closed on December 30, 1999.
Copies of the relevant redemption notices are filed as Exhibits 99.2, 99.3 and
99.4, respectively, hereto and are incorporated herein by reference. The
carrying value of the outstanding debt represented by the 2005 Notes, the 2004
Notes and the 2003 Notes as of September 30, 1999 was approximately $94
million, $8 million and $36 million, respectively.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) FINANCIAL STATEMENTS OF BUSINESS ACQUIRED.
NOT APPLICABLE
(b) PRO FORMA FINANCIAL INFORMATION.
NOT APPLICABLE
(c) EXHIBITS.
Exhibit No Exhibit Description
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99.1 Press Release dated November 24, 1999 issued by Nextel
99.2 Redemption Notice relating to the 2005 Notes
99.3 Redemption Notice relating to the 2004 Notes
99.4 Redemption Notice relating to the 2003 Notes
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SIGNATURE
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.
NEXTEL COMMUNICATIONS, INC.
Date: November 30, 1999 By: /s/ THOMAS J. SIDMAN
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Thomas J. Sidman
Senior Vice President and General Counsel
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EXHIBIT INDEX
Exhibit No Exhibit Description
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99.1 Press Release dated November 24, 1999 issued by Nextel
99.2 Redemption Notice relating to the 10.25% Senior Discount
Notes due December 15, 2005
99.3 Redemption Notice relating to the 12.25% Senior Redeemable
Discount Notes due April 15, 2004
99.4 Redemption Notice relating to the 11.5% Senior Redeemable
Discount Notes due September 1, 2003
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