T-Mobile USA, a fully-owned subsidiary of T-Mobile US, revealed on Monday its plan to offer $3.5 billion in senior notes as part of a public offering. The offering is divided into three tranches: $1.25 billion of 5.125% Senior Notes due 2032, $1 billion of 5.300% Senior Notes due 2035, and $1.25 billion of 5.875% Senior Notes due 2055.
The company said in a statement that the offering is scheduled to close on March 27, 2025, pending the completion of customary closing conditions. The net proceeds from the offering will be used for general corporate purposes, including share repurchases, potential dividends, and the refinancing of existing debt.
Barclays Capital Inc., Deutsche Bank Securities Inc., and Morgan Stanley & Co. LLC are among the joint book-running managers handling the offering. Several other financial institutions will serve as co-managers.
T-Mobile has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) concerning the senior notes offering. Investors are advised to review the prospectus and other documents available through the SEC’s EDGAR system for further details.
Bd-pratidin English/ Jisan
