T-Mobile USA Files Registration for Senior Notes Offering to Refinance Debt
T-Mobile USA plans a registered public offering of senior notes, with net proceeds earmarked for refinancing existing indebtedness and general corporate purposes. Joint bookrunners Deutsche Bank, J.P. Morgan, RBC Capital Markets and UBS Investment Bank will manage the offering, subject to market and other conditions.
1. T-Mobile Unveils Better Value Family Plan
T-Mobile today launched its new Better Value family plan, effective January 14, offering three lines with AutoPay for $140 per month before taxes and fees, or approximately $46 per line. The plan bundles unlimited premium 5G data, 250 GB of high-speed mobile hotspot per line, 30 GB high-speed roaming data in Canada and Mexico, and 30 GB high-speed data in over 215 global destinations, with speeds throttled to 256 kbps thereafter. It also includes unlimited satellite text and data via dedicated apps, the Best Entertainment Bundle featuring Netflix and Hulu at no extra cost and Apple TV for $3/month, plus a five-year price guarantee on talk, text and data. Families upgrading from Essentials with three or more lines can save over $50 per month on these benefits, and T-Mobile projects total savings in excess of $1,000 over comparable plans from AT&T and Verizon. Additional perks include home internet backup for $10/month, two-year device upgrades, and coverage of up to $800 per line toward outstanding device balances for switchers. The company highlights a streamlined migration process via its T-Life app, enabling customers to switch lines in under 15 minutes per line and receive same-day phone delivery powered by DoorDash.
2. T-Mobile USA Plans Registered Senior Notes Offering
T-Mobile USA, the company’s wholly-owned subsidiary, announced plans to conduct a registered public offering of senior notes, subject to market conditions. Net proceeds are earmarked primarily for refinancing existing debt and for general corporate purposes, supporting the company’s capital structure optimization. The joint book-running managers on the transaction are Deutsche Bank Securities, J.P. Morgan Securities, RBC Capital Markets and UBS Investment Bank. T-Mobile USA has filed a registration statement and prospectus with the SEC; investors can obtain offering documents free of charge via EDGAR or by contacting any of the managing underwriters. Management cautions that actual timing, terms and amount of the notes offering will depend on prevailing market conditions, and that forward-looking statements involve risks and uncertainties, including fluctuations in interest rates and broader credit markets.