other_material
confidence high
sentiment positive
materiality 0.60
T-Mobile announces preliminary exchange results: ~89% of USCC 2033 notes tendered
T-Mobile US, Inc.
- Holders tendered $487.2M of $544M USCC 2033 notes (89.56%), and 74-76% of other series.
- Consents to amend indentures received from majority holders; amendments effective upon acquisition close.
- Acquisition expected to close by mid-2025 subject to regulatory approvals.
- New T-Mobile notes to be listed on Nasdaq Global Select Market.
- Early participation premiums and consent fees apply for tenders before June 13, 2025.
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