USCC Engages in Exchange Offers with T-Mobile for New Notes Issuance

Reuters
20 Jun
USCC Engages in Exchange Offers with T-Mobile for New Notes Issuance

United States Cellular Corporation, a subsidiary of Telephone and Data Systems Inc., is currently involved in a significant financial maneuver with T-Mobile USA. T-Mobile has announced preliminary results for its offers to exchange specific senior notes issued by USCC, including those due in 2033, 2069, and two sets in 2070, with new notes issued by T-Mobile. This exchange offer is part of a broader strategy to modify or eliminate certain notice requirements and restrictive covenants in the existing indentures of USCC. The changes, detailed in USCC's recent Form 8-K, reflect a strategic shift aimed at optimizing the financial structuring and operational flexibility of the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TDS - Telephone and Data Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001051512-25-000042), on June 20, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10