debt
confidence high
sentiment neutral
materiality 0.55
T-Mobile closes €2.0B senior notes offering in three tranches
T-Mobile US, Inc.
- Issued €600M 3.550% notes due 2029, €750M 3.700% notes due 2032, €650M 3.850% notes due 2036.
- Net proceeds for general corporate purposes: share buybacks, dividends, or debt refinancing.
- Notes are senior unsecured, guaranteed by T-Mobile US and certain wholly-owned subsidiaries.
- Joint book-runners include Barclays, BNP Paribas, Deutsche Bank, J.P. Morgan, and others.
- Offering closed May 8, 2024; notes expected to list on Nasdaq Bond Exchange.