T-Mobile plans euro-denominated senior notes offering

T-Mobile US Inc. (NASDAQ: TMUS) announced that its wholly-owned subsidiary T-Mobile USA Inc. plans to offer euro-denominated senior notes in a registered public offering, subject to market and other conditions.

The company intends to use net proceeds from the offering for general corporate purposes, which may include share repurchases, dividends declared by T-Mobile's board of directors, and refinancing existing debt.

Barclays Bank PLC, BNP PARIBAS, Crédit Agricole Corporate and Investment Bank, Goldman Sachs & Co. LLC, and Morgan Stanley & Co. International plc will serve as joint book-running managers for the notes offering.

T-Mobile USA has filed a registration statement with the Securities and Exchange Commission for the offering. The company stated that prospective investors should read the prospectus and related documents filed with the SEC before investing.

The press release noted that the announcement does not constitute an offer to sell or solicitation to buy the notes or any other securities. The offering is targeted at eligible counterparties and professional clients only under MiFID II and UK MiFIR product governance rules, with no retail availability in the European Economic Area or United Kingdom.

T-Mobile included forward-looking statement disclaimers, noting that the planned offering and intended use of proceeds are subject to risks, uncertainties, and prevailing market conditions that could cause actual results to differ from expectations.

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