T-Mobile Announces Proposed Offering of Senior Secured Notes
December 01 2021 - 07:12AM
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, senior secured notes (the “notes”) 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 for general
corporate purposes, which may include among other things, financing
acquisitions of additional spectrum and refinancing existing
indebtedness on an ongoing basis.
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 related
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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version on businesswire.com: https://www.businesswire.com/news/home/20211201005614/en/
T-Mobile US Media Relations MediaRelations@T-Mobile.com or
Investor Relations investor.relations@t-mobile.com
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