T-Mobile US, Inc. (NASDAQ: TMUS) has announced that its wholly-owned subsidiary, T-Mobile USA, Inc., plans to conduct a public offering of senior notes, subject to market conditions. The net proceeds from this offering will be used for general corporate purposes, which may include share repurchases, dividend payments declared by T-Mobile’s Board of Directors, and the refinancing of existing debt.
The joint book-running managers for this offering include J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, and Wells Fargo Securities, LLC.
T-Mobile USA has filed a registration statement, including a prospectus, with the Securities and Exchange Commission (SEC) regarding this offering. Interested investors are encouraged to read the prospectus and related documents to gain a comprehensive understanding of the Issuer and the offering. These documents can be accessed for free on the SEC website at http://www.sec.gov. Additionally, the Issuer and underwriters can provide the prospectus upon request.
This announcement does not constitute an offer to sell or solicit an offer to buy the notes or any other securities, nor does it apply in any jurisdiction where such offers are illegal.
Cautionary Statement Regarding Forward-Looking Statements
This announcement contains forward-looking statements based on T-Mobile management’s current expectations, including those related to the proposed offering of notes and the intended use of proceeds. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. More information on potential risks can be found in T-Mobile’s SEC filings.
