India, May 23 -- T-Mobile US, Inc. (TMUS), along with its subsidiary T-Mobile USA, Inc., has initiated offers to exchange several outstanding senior notes issued by United States Cellular Corporation - USCC.
This move aligns with T-Mobile's asset acquisition deal announced on May 24, 2024. The exchange includes 6.700% Senior Notes due 2033, 6.250% Senior Notes due 2069, 5.500% Senior Notes due March 2070, and 5.500% Senior Notes due June 2070.
These will be replaced with new T-Mobile USA-issued notes of identical terms. T-Mobile is also soliciting consents to amend the current USCC indentures by removing certain covenants and notice requirements.
For each validly tendered note, T-Mobile offers a principal-for-principal exchange plus an e...