T-Mobile US to Offer Senior Notes for Corporate Purposes

By Bobby Samwell • Friday, September 27 15:19 • Permanent Link

T-Mobile US, Inc. has just announced its plan to offer senior notes through its direct wholly-owned subsidiary, T-Mobile USA, Inc. The company intends to use the net proceeds from the offering for general corporate purposes, including share repurchases, potential dividends, and refinancing of existing indebtedness.

J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, and Wells Fargo Securities, LLC are the joint book-running managers for the offering of the notes.

The company has filed a registration statement with the Securities and Exchange Commission for the offering of notes. The prospectus and related prospectus supplement can be obtained for free by visiting the SEC website.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the notes or any other securities.

This announcement comes as the company seeks to bolster its financial position and pursue various corporate objectives. Today the company's shares have moved 1.0% to a price of $205.23. For more information, read the company's full 8-K submission here.

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