T-Mobile US to sell $3.5B senior notes
T-Mobile US (NASDAQ:TMUS) USA subsidiary has agreed to sell $900M aggregate principal amount of its 4.800% senior notes due 2028, $1.35B aggregate principal amount of its 5.050% senior notes due 2033 and $1.25B aggregate principal amount of its 5.750% senior notes due 2054 in a registered public offering.
The new 2033 notes will constitute an additional issuance of T-Mobile USAâs 5.050% senior notes due 2033, of which $1.25B aggregate principal amount was issued on February 9, 2023.
The offering of the notes is scheduled to close on May 11, 2023.
Net proceeds from the offering for general corporate purposes, which may include among other things, share repurchases and refinancing of existing indebtedness on an ongoing basis.