T-Mobile US to Exchange United States Cellular Debt Notes

MT Newswires Live

2025/05/23

T-Mobile US (TMUS) said Friday that it has started offers to exchange some of United States Cellular's (USM) outstanding debt in accordance with an agreement last May under which T-Mobile US agreed to purchase certain assets from United States Cellular.

Under the exchange offer, United States Cellular's 6.700% senior notes due 2033, 6.250% senior notes due 2069, and 5.500% senior notes due 2070 will be exchanged for equivalent new debt notes issued by T-Mobile.

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