T-Mobile Announces Proposed Offering of Senior Notes
May 10 2021 - 6:23AM
Business Wire
T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile”) announced today
that T-Mobile USA, Inc., its direct wholly-owned subsidiary
(“T-Mobile USA”), plans to offer, subject to market and other
conditions, 2.250% Senior Notes due 2026, 3.375% Senior Notes due
2029 and 3.500% Senior Notes due 2031 in a private offering that is
exempt from the registration requirements of the Securities Act of
1933, as amended (the “Securities Act”). T-Mobile USA intends to
use the net proceeds from the offering to redeem all or a portion
of its 6.000% Senior Notes due 2023 and 6.000% Senior Notes due
2024.
The notes will be offered and sold only to persons reasonably
believed to be qualified institutional buyers in reliance on Rule
144A and in offshore transactions in reliance on Regulation S under
the Securities Act. The notes and related guarantees will not be
registered under the Securities Act or any state securities laws
and may not be offered or sold in the United States absent
registration or an applicable exemption from registration
requirements.
This press release shall not constitute an offer to sell or
the solicitation of an offer to buy the notes, the guarantees or
any other securities, nor shall it constitute an offer,
solicitation or sale in any jurisdiction in which such offer,
solicitation or sale is unlawful.
This press release is being issued pursuant to and in
accordance with Rule 135c under the Securities Act.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains forward-looking statements that are
based on T-Mobile management’s current expectations. Such
statements include, without limitation, statements regarding the
planned offering of the notes and statements regarding the intended
use of proceeds from the offering of the notes. Such
forward-looking statements are subject to certain risks,
uncertainties and assumptions, including, without limitation,
prevailing market conditions and other factors. Should one or more
of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those expected. More information about potential risk factors
that could affect T-Mobile and its results is included in
T-Mobile’s filings with the SEC, which are available at
http://www.sec.gov.
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T-Mobile US Media Relations MediaRelations@T-Mobile.com or
Investor Relations investor.relations@t-mobile.com
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