T-Mobile announces offering of up to $2 billion of bonds that mature in 2026, 2029 and 2031

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T-Mobile US Inc. said Monday it is planning to offer up to $2 billion in bonds in three tranches maturing in 2026, 2029 and 2031. Proceeds will be used for general corporate purposes, including financing acquisitions of additional spectrum and refinancing debt. There are eight banks underwriting the deal, led by Deutsche Bank and Citigroup. T-Mobile shares were down 0.8% premarket, but have gained 71% in the last 12 months, while the S&P 500 has gained 17%.
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