America’s number four-operator T-Mobile US is planning to sell US$500m of 2018 senior notes in a private placement. The paper will be offered by its subsidiary T-Mobile USA and net proceeds will be used for general corporate purposes. Deutsche Bank is…
America’s number four-operator T-Mobile US is planning to sell US$500m of 2018 senior notes in a private placement.
The paper will be offered by its subsidiary T-Mobile USA and net proceeds will be used for general corporate purposes. Deutsche Bank is lead arranger on the offering.
No other details were disclosed.
T-Mobile US holds brands T-Mobile USA and MetroPCS and claims 44 million wireless subscribers. The Deutsche Telekom-controlled company was formed after the T-Mobile USA/MetroPCS merger, which closed at the start of May.
Since 1 May, when the combined company started trading on the NYSE, its shares have risen from US$16.25 to US$24.91 – more than 53%.
