T-Mobile Prices $4 Billion in New Senior Notes
Ticker: TMUSL · Form: 8-K · Filed: Dec 10, 2024 · CIK: 1283699
| Field | Detail |
|---|---|
| Company | T-Mobile US, Inc. (TMUSL) |
| Form Type | 8-K |
| Filed Date | Dec 10, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.00001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-offering, financing, notes
Related Tickers: TMUS
TL;DR
T-Mobile just dropped $4B in new debt across 3 tranches. 2029, 2032, 2036 notes priced.
AI Summary
On December 9, 2024, T-Mobile US, Inc. announced the pricing of its new senior notes. The company priced $1.5 billion of 3.550% senior notes due 2029, $1.5 billion of 3.700% senior notes due 2032, and $1.0 billion of 3.850% senior notes due 2036. These offerings are part of T-Mobile's ongoing efforts to manage its capital structure and fund general corporate purposes.
Why It Matters
T-Mobile is raising significant capital through debt issuance, which could impact its leverage and future investment capacity.
Risk Assessment
Risk Level: medium — Issuing a substantial amount of new debt increases the company's financial leverage and interest obligations.
Key Numbers
- $4.0B — Total Senior Notes Issued (Aggregate principal amount of notes across three tranches.)
- $1.5B — 3.550% Senior Notes Due 2029 (Principal amount for the shortest-term debt issuance.)
- $1.5B — 3.700% Senior Notes Due 2032 (Principal amount for the mid-term debt issuance.)
- $1.0B — 3.850% Senior Notes Due 2036 (Principal amount for the longest-term debt issuance.)
Key Players & Entities
- T-Mobile US, Inc. (company) — Registrant
- 1.5 billion (dollar_amount) — Principal amount of 3.550% senior notes due 2029
- 3.550% (dollar_amount) — Interest rate for senior notes due 2029
- 2029 (date) — Maturity year for senior notes
- 1.5 billion (dollar_amount) — Principal amount of 3.700% senior notes due 2032
- 3.700% (dollar_amount) — Interest rate for senior notes due 2032
- 2032 (date) — Maturity year for senior notes
- 1.0 billion (dollar_amount) — Principal amount of 3.850% senior notes due 2036
- 3.850% (dollar_amount) — Interest rate for senior notes due 2036
- 2036 (date) — Maturity year for senior notes
FAQ
What is the total principal amount of senior notes T-Mobile US, Inc. priced on December 9, 2024?
T-Mobile US, Inc. priced a total of $4.0 billion in senior notes across three different tranches.
What are the maturity dates and interest rates for the newly priced senior notes?
The company priced $1.5 billion of 3.550% senior notes due 2029, $1.5 billion of 3.700% senior notes due 2032, and $1.0 billion of 3.850% senior notes due 2036.
What is the purpose of these new senior note offerings?
The proceeds from these offerings are intended for general corporate purposes.
What is the CIK number for T-Mobile US, Inc.?
The Central Index Key (CIK) number for T-Mobile US, Inc. is 0001283699.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on December 9, 2024.
Filing Stats: 575 words · 2 min read · ~2 pages · Grade level 10.3 · Accepted 2024-12-10 06:07:31
Key Financial Figures
- $0.00001 — nge on which registered Common Stock, $0.00001 par value per share TMUS The NASDAQ
Filing Documents
- d879496d8k.htm (8-K) — 30KB
- d879496dex991.htm (EX-99.1) — 41KB
- g879496snap1.jpg (GRAPHIC) — 6KB
- 0001193125-24-273900.txt ( ) — 263KB
- tmus-20241209.xsd (EX-101.SCH) — 5KB
- tmus-20241209_def.xml (EX-101.DEF) — 14KB
- tmus-20241209_lab.xml (EX-101.LAB) — 23KB
- tmus-20241209_pre.xml (EX-101.PRE) — 15KB
- d879496d8k_htm.xml (XML) — 8KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated December 9, 2024 (furnished under Item 7.01). 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. T-MOBILE US, INC. December 10, 2024 /s/ Peter Osvaldik Peter Osvaldik Executive Vice President and Chief Financial Officer