T-Mobile Announces One Week Extension of Exchange Offers
June 22 2022 - 11:17PM
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”), has extended its offers (i) to exchange any and
all of its outstanding unregistered senior secured notes listed
below and (ii) to exchange any and all of its outstanding
unregistered senior notes listed below (collectively, the “Exchange
Offers”) that were originally issued in private placements for
equal principal amounts of new issues of senior secured notes and
senior notes, as applicable, registered under the Securities Act of
1933, as amended.
The Exchange Offers, which were originally scheduled to expire
at 5:00 p.m., New York City time, on June 22, 2022, will now expire
at 5:00 p.m., New York City time, on June 29, 2022, unless further
extended. Except for the extension of the expiration date, the
terms of the Exchange Offers remain unchanged.
As of 5:00 p.m., New York City time, on June 22, 2022, which was
the original expiration date for the Exchange Offers, quantities of
original notes validly tendered and not validly withdrawn were as
set forth in the table below.
Title of Security
144A CUSIP Number
Reg S CUSIP Number
Aggregate Principal Amount
Outstanding
Approximate Principal Amount
of Original Notes Tendered
Approximate Percentage of
Original Notes Tendered
2.400% Senior Secured Notes due 2029
87264A CR4
U88868 BA8
$
500,000,000
$
500,000,000
100.00
%
2.700% Senior Secured Notes due 2032
87264A CP8
U88868 AY7
$
1,000,000,000
$
985,000,000
98.50
%
3.400% Senior Secured Notes due 2052
87264A CM5
U88868 AW1
$
2,800,000,000
$
2,793,148,000
99.76
%
3.600% Senior Secured Notes due 2060
87264A CN3
U88868 AX9
$
700,000,000
$
698,018,000
99.72
%
2.250% Senior Notes due 2026
87264A CC7
U88868 AT8
$
800,000,000
$
789,240,000
98.66
%
3.375% Senior Notes due 2029
87264A CD5
U88868 AU5
$
1,100,000,000
$
1,096,002,000
99.64
%
3.500% Senior Notes due 2031
87264A CE3
U88868 AV3
$
1,100,000,000
$
1,099,844,000
99.99
%
The terms of the Exchange Offers are set forth in prospectuses
dated May 23, 2022 and the related letters of transmittal, each
with respect to the senior secured notes or senior notes, as
applicable. The Exchange Agent for the Exchange Offers is Deutsche
Bank Trust Company Americas. Requests for documents relating to the
Exchange Offers should be directed to Transfer Operations, DB
Services Americas, Inc., COO Corporate & Investment Banking
Technology and Operations, 5022 Gate Parkway, Suite 200,
Jacksonville, FL 32256; telephone: (877) 735-7777, Option 2; email:
db.reorg@db.com.
This press release shall not constitute an offer to sell or
the solicitation of an offer to buy any securities, nor shall it
constitute an offer, solicitation or sale in any jurisdiction in
which such an offer, solicitation or sale would be
unlawful.
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
expected expiration of the Exchange Offers. Such forward-looking
statements are subject to certain risks, uncertainties and
assumptions, including, without limitation, market and trading
system interruptions, administrative delays 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220622006058/en/
T-Mobile US Media Relations MediaRelations@T-Mobile.com or
Investor Relations investor.relations@t-mobile.com
T Mobile US (NASDAQ:TMUS)
Historical Stock Chart
From Mar 2024 to Apr 2024
T Mobile US (NASDAQ:TMUS)
Historical Stock Chart
From Apr 2023 to Apr 2024