Summary
T-Mobile US, Inc. (TMUS), through its subsidiary T-Mobile USA, Inc., successfully closed an underwritten public offering of €2.5 billion in aggregate principal amount of senior notes. The offering comprised three tranches: €750 million of 3.200% Senior Notes due 2032, €750 million of 3.625% Senior Notes due 2035, and €1.0 billion of 3.900% Senior Notes due 2038. These notes are senior unsecured obligations and will be guaranteed by T-Mobile US, Inc. and certain of its wholly-owned subsidiaries. The net proceeds from this offering are designated for general corporate purposes. This includes potential share repurchases, dividends, and ongoing refinancing of existing debt. The company intends to list these new notes on the Nasdaq Bond Exchange, providing liquidity for investors. This debt issuance indicates T-Mobile's active management of its capital structure and potential return of capital to shareholders.
Key Highlights
- 1T-Mobile USA closed a €2.5 billion senior notes offering on February 19, 2026.
- 2The offering included notes maturing in 2032 (€750M at 3.200%), 2035 (€750M at 3.625%), and 2038 (€1.0B at 3.900%).
- 3The notes are senior unsecured and guaranteed by T-Mobile US, Inc. and certain subsidiaries.
- 4Proceeds are intended for general corporate purposes, including share repurchases, dividends, and debt refinancing.
- 5The offering was made under an existing shelf registration statement filed in May 2023.
- 6T-Mobile intends to list the new notes on the Nasdaq Bond Exchange.