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T-Mobile USA to issue senior notes for corporate funding

EditorEmilio Ghigini
Published 10/01/2024, 12:38 am
© Reuters.
TMUS
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BELLEVUE, Wash. - T-Mobile US, Inc. (NASDAQ: NASDAQ:TMUS), through its direct wholly-owned subsidiary T-Mobile USA, Inc., is set to offer senior notes in a public offering, contingent on market conditions. The company announced its intention to utilize the net proceeds for general corporate purposes. These purposes include potential share repurchases, payment of dividends as declared by the Board of Directors, and refinancing of existing debt.

The joint book-running managers for this offering are Citigroup Global Markets Inc., Goldman Sachs & Co (NYSE:GS). LLC, Morgan Stanley & Co (NYSE:MS). LLC, and UBS Securities LLC. T-Mobile USA has already filed the necessary registration statement and prospectus with the Securities and Exchange Commission (SEC), which investors are encouraged to review for more detailed information about the offering.

The press release from T-Mobile US, Inc. clarifies that this announcement is not an offer to sell or a solicitation to buy the notes or any other securities. The offering of notes will only be made by means of a prospectus and related prospectus supplement, which are available upon request from the joint book-running managers.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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