SoftBank raises $4.8 billion from T-Mobile block trade, term sheet shows-March 2024-www.financetom.com

SoftBank raises $4.8 billion from T-Mobile block trade, term sheet shows

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SoftBank raises $4.8 billion from T-Mobile block trade, term sheet shows

Jun 16, 2025 6:52 PM

SYDNEY (Reuters) -Japan's SoftBank has raised $4.8 billion from a sale of 21.5 million T-Mobile shares at $224 each, according to a term sheet reviewed by Reuters.

The shares were offered in a price range of $224 to $228 each, the term sheet said, a discount to T-Mobile's closing price on Monday of $230.99.

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