Market Overview

T-Mobile Prices 66.15M Share Offering at $25.00/Share


T-Mobile US (NYSE: TMUS) announced the pricing of an
underwritten public offering of 66,150,000 shares of T-Mobile's common
stock at a price of $25.00 per share. The net proceeds to T-Mobile are
expected to be approximately $1.6 billion, after deducting underwriting
discounts and commissions, and other estimated offering expenses payable
by T-Mobile. In addition, the underwriters have an option to purchase up
to an additional 6,615,000 shares from T-Mobile. T-Mobile expects to use
the net proceeds from this offering, including net proceeds from any
exercise by the underwriters of their option to purchase additional
shares of T-Mobile's common stock, for general corporate purposes,
including capital investments, enhancing its financial flexibility and
opportunistically acquiring additional spectrum in private party

See full press release


Related Articles (TMUS)

View Comments and Join the Discussion!

Posted-In: News Guidance Offerings Management Global

Need corporate guidance data?
Click here to see licensing options.
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at