T-Mobile proposes public offering of senior notes

T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile”) said that T-Mobile USA, Inc. (“T-Mobile USA” or the “Issuer”), a wholly owned subsidiary, plans to offer, subject to market and other conditions, up to USD 500.0m aggregate principal amount of Senior Notes due 2022, up to USD 500.0m aggregate principal amount of Senior Notes due 2025 and up to USD 500.0m aggregate principal amount of Senior Notes due 2027 (collectively, the “notes”) in a registered public offering.

T-Mobile expects to use the net proceeds from the notes to refinance existing debt.

Deutsche Bank Securities Inc., Barclays Capital Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are the joint book-running managers for the notes offering.