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Sprint Capital Corp., 7.125% Equity Units due 8/17/2004
Ticker Symbol: SDE**     CUSIP: 852061605     Exchange: NYSE
Security Type:   Mandatory Convertible Security
* NOTE: This security is no longer trading as of 8/17/2004

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Sprint Capital Corp., 7.125% Equity Units, stated amount $25 per unit, initially consisting of Corporate Units which include a stock purchase contract and a 6% senior note with a principal amount of $25. The stock purchase contract requires the holder to purchase for $25 a variable number of shares of Sprint Corp. PCS Group (NYSE: PCS) common stock no later than 8/17/2004 and pays a contract adjustment rate of 1.125% per annum. The stock purchase settlement rate will be 0.8364 shares per unit if the then current market price is equal to or greater than $29.89 and 1.0204 shares per unit if the market price is equal to or less than $24.50. For market prices between those values the settlement rate will be $25 divided by the market value. Prior to the IPO of this security, the last reported sale price of the common stock on 8/07/2001 was $24.50. The senior note is due 8/17/2006 and is subject to reset and remarketing on or after 5/17/2004. The Corporate Units pay quarterly distributions of 7.125% ($1.78125) per annum on 2/17, 5/17, 8/17 & 11/17 to holders of record on the first day of the month in which the payment is due. The senior notes are pledged as collateral to secure the holder's obligations under the stock purchase contract. The holder has the right at any time to convert the Corporate Units to Treasury Units by the substitution of a specified zero-coupon U.S. Treasury security for the senior notes and to later recreate Corporate Units. The senior notes are unsecured and rank equally with the company's other unsecured senior indebtedness. See the IPO prospectus for extensive additional information on the equity units and their mandatory conversion provisions by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Conversion
Shares@Price
Distribution Dates 15%
Tax Rate
NYSE
Chart
7.13%
$1.78125
$25.00
n.a.
8/17/2004
8/17/2006
Baa3 BBB-
2/23/2004
0.8364@$29.89+
1.0204@$24.50-
2/17, 5/17, 8/17 & 11/17
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (S*)

IPO - 8/7/2001 - 60.00 Million Units @ $25.00/unit.    Link to IPO Prospectus
Market Value $506.0 Million

Company's Online Information Links
HOME PAGE:     http://www.sprint.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases
(Link to Company's PRNewswire News Release page)
Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Email Address investor-relationssprintcom@mail.sprint.com

Address and Phone Numbers
Address:   2330 Shawnee Mission Parkway, Kansas City, MO 64112
Main Phone Number 913-624-3000
Fax Number 913-624-3088
Investor Contact 913-624-3417
Toll Free Phone Number 800-259-3755

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