News Feed Item
T-Mobile Agrees to Sell $1,300,000,000 6.000% Senior Notes Due 2023 and $1,700,000,000 6.375% Senior Notes Due 2025
|By Business Wire
|September 3, 2014 08:43 PM EDT
T-Mobile US, Inc. (NYSE:TMUS) (“T-Mobile”) announced today that T-Mobile
USA, Inc. (“T-Mobile USA”), a wholly-owned subsidiary, has agreed to
sell $1,300,000,000 aggregate principal amount of 6.000% Senior Notes
due 2023 and $1,700,000,000 aggregate principal amount of 6.375% Senior
Notes due 2025 in a registered public offering. The notes offering is
scheduled to close on September 5, 2014, subject to satisfaction of
customary closing conditions. T-Mobile expects to use the net proceeds
from this offering for general corporate purposes, which may include
capital investments and acquisition of additional spectrum. T-Mobile
also intends to use approximately $1,000,000,000 of the proceeds to
redeem its outstanding 7.875% Senior Notes due 2018 and pay related
transaction fees and expenses.
Deutsche Bank Securities Inc., Citigroup Global Markets Inc., Credit
Suisse Securities (USA) LLC, and J.P. Morgan Securities LLC are the
joint book-running managers for the notes offering. Barclays Capital
Inc., Goldman, Sachs & Co., and RBS Securities Inc. are the co-managers
for the notes offering.
The issuer has filed a registration statement (including a
prospectus) with the Securities and Exchange Commission (“SEC”) for the
notes offering to which this communication relates. Before you
invest, you should read the prospectus in that registration statement
and the related prospectus supplement and other documents the issuer
will file with the SEC for more complete information about the issuer
and the notes offering. You may get these documents for free by
visiting EDGAR on the SEC Web site at http://www.sec.gov.
Alternatively, the issuer, any underwriter or any dealer
participating in the notes offering will arrange to send you the
prospectus and related prospectus supplement if you request it by
contacting: Deutsche Bank Securities Inc., Attention: Prospectus
Group, 60 Wall Street, New York, New York 10005-2836, by telephone at +1
(800) 503-4611 or by email at [email protected];
Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, New York 11717, Attn: Prospectus
Department, Telephone: 1-800-831-9146, Email: [email protected];
Credit Suisse Securities (USA) LLC, Attention: Max McClusky, Eleven
Madison Avenue, New York, NY 10010, email: [email protected];
J.P. Morgan Securities LLC, 383 Madison Avenue, 3rd Floor, New York, NY
10179, Attention: Syndicate Desk, telephone: 800-245-8812; Barclays
Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, NY 11717, [email protected],
(888) 603-5847; Goldman, Sachs & Co., Prospectus Department, 200 West
Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile:
212-902-9316 or by emailing [email protected];
or RBS Securities Inc., 600 Washington Blvd., Stamford, CT 06901,
Attention: High Yield Debt Capital Markets Syndicate, telephone
This press release contains forward-looking statements that are based
on T-Mobile management’s current expectations. Such statements
include, without limitation, statements about the expected closing of
the notes offering and plans, projections and estimates regarding the
use of proceeds from the proposed offering. Such forward-looking
statements are subject to certain risks, uncertainties and assumptions,
including, without limitation, prevailing market conditions,
difficulties in executing the notes offering and other factors. Should
one or more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary
materially from those expected. More information about potential
risk factors that could affect T-Mobile and its results is included in
T-Mobile’s filings with the SEC, which are available at http://www.sec.gov.
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes how...
Dec. 4, 2016 04:45 AM EST Reads: 4,932
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
Dec. 4, 2016 04:30 AM EST Reads: 1,540
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes.
In his general session at @DevOpsSummit at 19th Cloud Expo, Phil Hombledal, Solution Architect at CollabNet, discussed how customers are able to achieve a level of transparency that e...
Dec. 4, 2016 04:30 AM EST Reads: 819
Amazon has gradually rolled out parts of its IoT offerings, but these are just the tip of the iceberg. In addition to optimizing their backend AWS offerings, Amazon is laying the ground work to be a major force in IoT - especially in the connected home and office.
In his session at @ThingsExpo, Chris Kocher, founder and managing director of Grey Heron, explained how Amazon is extending its reach to become a major force in IoT by building on its dominant cloud IoT platform, its Dash Button strat...
Dec. 4, 2016 04:00 AM EST Reads: 6,219
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often adds complexity and increases costs. In his session at 18th Cloud Expo, Seth Oxenhorn, Vice President of Business Development & Alliances at FalconStor, discussed how a truly heterogeneous software-defined storage approach can add value to legacy platforms and heterogeneous environments. The result reduces complexity, significantly lowers cost, and provides IT organizations with improved efficienc...
Dec. 4, 2016 04:00 AM EST Reads: 4,938
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
Dec. 4, 2016 03:45 AM EST Reads: 1,544
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 4, 2016 02:15 AM EST Reads: 855
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files.
In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
Dec. 4, 2016 02:00 AM EST Reads: 3,782
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Dec. 4, 2016 12:30 AM EST Reads: 1,783
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data professionals...
Dec. 3, 2016 11:00 PM EST Reads: 4,152
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 3, 2016 11:00 PM EST Reads: 960
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies.
In his session at @ThingsExpo, Da...
Dec. 3, 2016 09:30 PM EST Reads: 1,611
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
Dec. 3, 2016 09:30 PM EST Reads: 1,773
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform?
In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, gave users a checklist of considerations when choosing a provider.
Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion with b...
Dec. 3, 2016 08:00 PM EST Reads: 3,958
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, contrasted how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He showed how the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He also demoed building immutable pipelines in the cloud ...
Dec. 3, 2016 08:00 PM EST Reads: 1,748