( Nasdaq : NIHD ) today announced the pricing of the offering , through its wholly owned subsidiary NII Capital Corp. , of $ 800 million principal amount of 10 % Senior Notes due 2016 . The issue price is 97.568 % of the principal amount of the notes . The notes were offered in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933 , as amended . The sale of the notes is expected to close on or about August 18 , 2009 . The notes will be issued by NII Capital Corp. and guaranteed by NII Holdings and all of NII Holdings ' other United States subsidiaries .