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T-Mobile US Unit Eyes $2.85 Billion Via Euro-Denominated Debt Offering
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T-Mobile US Unit Eyes $2.85 Billion Via Euro-Denominated Debt Offering
Feb 4, 2025 3:08 PM

05:44 PM EST, 02/04/2025 (MT Newswires) -- T-Mobile US ( TMUS ) said late Tuesday its T-Mobile USA unit is looking to raise 2.75 billion euros ($2.85 billion) from a registered public offering of senior notes.

T-Mobile USA is offering 1 billion euros of 3.150% senior notes due 2032, 1 billion euros of 3.500% senior notes due 2037, and 750 million euros of 3.800% senior notes due 2045.

The offering is set to close on Feb. 11.

The net proceeds will be used for general corporate purposes, which may include share repurchases, dividend payouts, and debt refinancing among other things, according to the company.

Shares of the company were down 1.4% in after-hours trading.

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