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June 23, 2020
In Bellevue, T-Mobile agreed to sell $4 billion in senior secured notes in a private offering to institutional buyers. The company said it intends to use the proceeds for ongoing liability management, including the redemption of one or more series of existing unsecured notes. The new offering includes $1 billion in 1.5% notes due in 2026, $1.25 billion in 2.05% notes due in 2028 and $1.75 billion in 2.55% notes due in 2031.
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