T-Mobile agrees to sell $3.0 billion of Senior Notes
T-Mobile USA, Inc. announced today the sale of $1,000,000,000 of its 4.950% Senior notes due 2028, $1,250,000,000 aggregate principa.
T-Mobile USA, Inc. (NASDAQ TMUS) ("T-Mobile") today announced that T-Mobile USA, Inc. ("T-Mobile USA"), its direct wholly-owned subsidiary ("T-Mobile USA"), has agreed sell $1,000,000,000 aggregate principal of its 4.950% Senior NOTES due 2028 (the"2028 Notes"), $1,250,000,000 principal amount its 5.050% Senior NOTES due 2033 (the"2033 Notes"), and $750,000,000 aggregate Principal amount of its 5.650% Senior notes due 2053 (the New 2033 Notes), together with the "notes") in an a registered public offer. T-Mobile USA's 5.650% Senior notes due 2053 will be issued as the New 2053 Notes. The New 2053 Notes are an additional issuance.
The notes will be offered on February 9, 2023. However, it is subject to satisfying all customary closing conditions. T-Mobile USA plans to use the net proceeds of the offering for general corporate purposes. This may include share repurchases or refinancing existing indebtedness on a continuous basis.
Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, Wells Fargo Securities, LLC, Barclays Capital Inc., BNP Paribas Securities Corp., CitigroupGlobal Markets Inc., Commerz Markets LLC, Credit Agricole Securities USA Inc., Credit Suisse Securities USA Inc., Credit Suisse Securities USA LLC, Goldman Sachs & Co. LLC, J. P. Morgan Securities LLC, Mizuho Securities USA LLC, Santander US Capital Markets LLC, Truist Securities, Truist Securities, Truist Securities, Inc., Truist Securities, Truist Securities, Truist Securities, Truist Securities, Truist Securities, Truist Securities, Truist Securities, Truist Securities, Inc. ING Financial Markets LLC, NatWest Markets Securities Inc., PNC Capital Markets LLC, Scotia Capital USA (USA) Inc., R. Seelaus & Co., LLC, Samuel A. Ramirez & Company, Inc. act as co-managers.
The Issuer has filed a registration document (including a prospectus), with the Securities and Exchange Commission ("SEC") to allow the offering of the notes to which this communication is related. For more information about the Issuer or the offering of notes, you should carefully read the prospectus included in the registration statement. These documents can be accessed free of charge by visiting EDGAR at the SEC Web Site at http://www. sec. gov.
This press release distribution does not constitute an offer or solicitation to sell the notes, the associated guarantees, or any other securities. It also does not constitute an offer, solicitation, or sale in any jurisdiction where such offer, solicitation, or sale is illegal.