T-Mobile USA plans to price three-part offering of senior notes

By Marisa Wong

Los Angeles, Sept. 12 – T-Mobile US, Inc. direct wholly owned subsidiary T-Mobile USA, Inc. is planning a three-part sale of senior notes (Baa3/BBB-/BBB-), according to a 424B5 filing with the Securities and Exchange Commission.

The notes will be guaranteed initially by the parent company and some subsidiaries of the issuer.

Barclays, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are the joint bookrunners.

Deutsche Bank Trust Co. Americas is the trustee.

Fried, Frank, Harris, Shriver & Jacobson LLP will act as counsel for the issuer. Polsinelli PC will advise the company on matters pertaining to the laws of Colorado, Georgia, Kansas, Missouri, Nevada, Texas and Virginia, and McLane Middleton Professional Association will advise on matters concerning the laws of New Hampshire.

Counsel to the underwriters is provided by Cahill Gordon & Reindel LLP.

Proceeds will be used for general corporate purposes, which may include share repurchases and refinancing of existing debt on an ongoing basis.

The issuer is a Bellevue, Wash.-based wireless operator.

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