0001193125-13-395189.txt : 20131009 0001193125-13-395189.hdr.sgml : 20131009 20131009140000 ACCESSION NUMBER: 0001193125-13-395189 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20131009 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: T-Mobile USA, Inc. CENTRAL INDEX KEY: 0001578078 IRS NUMBER: 911983600 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-189425-20 FILM NUMBER: 131143148 BUSINESS ADDRESS: STREET 1: 12920 SE 38TH STREET CITY: BELLEVUE STATE: WA ZIP: 98006 BUSINESS PHONE: 425-378-4000 MAIL ADDRESS: STREET 1: 12920 SE 38TH STREET CITY: BELLEVUE STATE: WA ZIP: 98006 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: T-Mobile US, Inc. CENTRAL INDEX KEY: 0001283699 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 200836269 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 12920 SE 38TH STREET CITY: BELLEVUE STATE: WA ZIP: 98006 BUSINESS PHONE: 800-318-9270 MAIL ADDRESS: STREET 1: 12920 SE 38TH STREET CITY: BELLEVUE STATE: WA ZIP: 98006 FORMER COMPANY: FORMER CONFORMED NAME: METROPCS COMMUNICATIONS INC DATE OF NAME CHANGE: 20040315 FWP 1 d608863dfwp.htm FREE WRITING PROSPECTUS Free Writing Prospectus

Issuer Free Writing Prospectus filed pursuant to Rule 433

supplementing the Preliminary Prospectus Supplement dated October 8, 2013

Registration No. 333-189425

October 8, 2013

Pricing Term Sheet

T-MOBILE USA, INC.

$1,250,000,000 6.464% Senior Notes due 2019

$1,250,000,000 6.542% Senior Notes due 2020

$1,250,000,000 6.633% Senior Notes due 2021

$1,250,000,000 6.731% Senior Notes due 2022

$600,000,000 6.836% Senior Notes due 2023

Pricing Supplement, dated October 8, 2013, to Preliminary Prospectus Supplement, dated October 8, 2013, of T-Mobile USA, Inc. This Pricing Supplement is qualified in its entirety by reference to the Preliminary Prospectus Supplement. The information in this Pricing Supplement supplements the Preliminary Prospectus Supplement and supersedes the information in the Preliminary Prospectus Supplement only to the extent it is inconsistent with the information in the Preliminary Prospectus Supplement. Capitalized terms used in this Pricing Supplement but not defined herein have the meanings given them in the Preliminary Prospectus Supplement.

Additional Notes Offered

In addition to the offered notes described in the Preliminary Prospectus Supplement, the selling noteholder is offering up to $1,250,000,000 of T-Mobile USA’s 6.542% Senior Notes due 2020 (the “6.542% senior notes”) and $1,250,000,000 of T-Mobile USA’s 6.731% Senior Notes due 2022 (the “6.731% senior notes”). As a result, the total amount of Deutsche Telekom Notes being offered by the selling noteholder is $5,600,000,000, and the amounts and percentages on page S-72 (Selling Noteholder) and S-78 (Underwriting) of the Preliminary Prospectus Supplement, and all other amounts and calculations in the Preliminary Prospectus Supplement relating to the principal amount and series of Deutsche Telekom Notes being offered, are hereby adjusted accordingly. For a description of the 6.542% senior notes and the 6.731% senior notes offered hereby, see “Description of Certain Indebtedness and Certain Lease Obligations” beginning on page S-67 of the Preliminary Prospectus Supplement and the “Description of the Notes” beginning on page 15 of the accompanying prospectus.

Terms Applicable to 6.464% Senior Notes due 2019

 

Issuer    T-Mobile USA, Inc.
Title of Security    6.464% Senior Notes due 2019 (the “6.464% senior notes”)
Aggregate Principal Amount Offered by Selling Noteholder    $1,250,000,000
Maturity    April 28, 2019
Coupon    6.464%
Public Offering Price   

102.000% of principal amount, plus accrued interest from

July 28, 2013

Yield to Maturity    6.033%
Spread to Treasury    + 441 bps
Benchmark    UST 1.250% due April 30, 2019
Gross Proceeds to Selling Noteholder before Expenses    $1,275,000,000


Optional Redemption:   
   On or after the following dates at the following redemption prices plus accrued and unpaid interest, if any, to, but not including the date of, the redemption date:     
    

Year

   Percentage  
   April 28, 2015      103.232
   April 28, 2016      101.616
   April 28, 2017 and thereafter      100.000
Make-whole call    Prior to April 28, 2015 at a discount rate of Treasury plus 50 bps   
Optional redemption with equity proceeds    At any time prior to April 28, 2016, up to 35% of the 6.464% senior notes outstanding may be redeemed at 106.464% plus accrued and unpaid interest, if any, to, but not including, the redemption date.      
Change of Control Triggering Event    101%, plus accrued and unpaid interest, if any to, but not including, the date of payment.    
CUSIP/ISIN Numbers   

CUSIP: 87264AAC9

 

ISIN: US 87264AAC99

  

  

Terms Applicable to 6.542% Senior Notes due 2020

 

Issuer    T-Mobile USA, Inc.
Title of Security    6.542% Senior Notes due 2020 (the “6.542% senior notes”)
Aggregate Principal Amount Offered by Selling Noteholder    $1,250,000,000
Maturity    April 28, 2020
Coupon    6.542%
Public Offering Price    100.000% of principal amount, plus accrued interest from
July 28, 2013
Yield to Maturity    6.541%
Spread to Treasury    + 460 bps
Benchmark    UST 1.125% due April 30, 2020
Gross Proceeds to Selling Noteholder before Expenses    $1,250,000,000

 

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Optional Redemption:   
   On or after the following dates at the following redemption prices plus accrued and unpaid interest, if any, to, but not including the date of, the redemption date:     
    

Year

  

Percentage

 
   April 28, 2016      103.271
   April 28, 2017      101.636
   April 28, 2018 and thereafter      100.000
Make-whole call    Prior to April 28, 2016 at a discount rate of Treasury plus 50 bps   
Optional redemption with equity proceeds    At any time prior to April 28, 2016, up to 35% of the 6.542% senior notes outstanding may be redeemed at 106.542% plus accrued and unpaid interest, if any, to, but not including, the redemption date.      
Change of Control Triggering Event    101%, plus accrued and unpaid interest, if any to, but not including, the date of payment.    
CUSIP/ISIN Numbers   

CUSIP: 87264AAF2

 

ISIN: US 87264AAF21

  

  

Terms Applicable to 6.633% Senior Notes due 2021

 

Issuer    T-Mobile USA, Inc.   
Title of Security    6.633% Senior Notes due 2021 (the “6.633% senior notes”)   
Aggregate Principal Amount Offered by Selling Noteholder    $1,250,000,000   
Maturity    April 28, 2021   
Coupon    6.633%   
Public Offering Price    100.000% of principal amount, plus accrued interest from
July 28, 2013
   
Yield to Maturity    6.632%   
Spread to Treasury    + 447 bps   
Benchmark    UST 3.125% due May 15, 2021   
Gross Proceeds to Selling Noteholder before Expenses    $1,250,000,000   
Optional Redemption:   
   On or after the following dates at the following redemption prices plus accrued and unpaid interest, if any, to, but not including the date of, the redemption date:     
    

Year

  

Percentage

 
   April 28, 2017      103.317
   April 28, 2018      101.658
   April 28, 2019 and thereafter      100.000

 

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Make-whole call    Prior to April 28, 2017 at a discount rate of Treasury plus 50 bps
Optional redemption with equity proceeds    At any time prior to April 28, 2016, up to 35% of the 6.633% senior notes outstanding may be redeemed at 106.633% plus accrued and unpaid interest, if any, to, but not including, the redemption date.
Change of Control Triggering Event    101%, plus accrued and unpaid interest, if any to, but not including, the date of payment.
CUSIP/ISIN Numbers   

CUSIP: 87264AAD7

 

ISIN: US87264AAD72

Terms Applicable to 6.731% Senior Notes due 2022

 

Issuer   T-Mobile USA, Inc.   
Title of Security   6.731% Senior Notes due 2022 (the “6.731% senior notes”)   
Aggregate Principal Amount Offered by Selling Noteholder   $1,250,000,000   
Maturity   April 28, 2022   
Coupon   6.731%   
Public Offering Price   99.000% of principal amount, plus accrued interest from July 28, 2013    
Yield to Maturity   6.887%   
Spread to Treasury   + 444 bps   
Benchmark   UST 1.750% due May 15, 2022   
Gross Proceeds to Selling Noteholder before Expenses   $1,237,500,000   
Optional Redemption:  
  On or after the following dates at the following redemption prices plus accrued and unpaid interest, if any, to, but not including the date of, the redemption date:     
   

Year

  

Percentage

 
  April 28, 2017      103.366
  April 28, 2018      102.244
  April 28, 2019      101.122
  April 28, 2020 and thereafter      100.000
Make-whole call   Prior to April 28, 2017 at a discount rate of Treasury plus 50 bps   
Optional redemption with equity proceeds   At any time prior to April 28, 2016, up to 35% of the 6.731% senior notes outstanding may be redeemed at 106.731% plus accrued and unpaid interest, if any, to, but not including, the redemption date.     
Change of Control Triggering Event   101%, plus accrued and unpaid interest, if any to, but not including, the date of payment.    
CUSIP/ISIN Numbers  

CUSIP: 87264AAG0

 

ISIN: US87264AAG04

  

  

 

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Terms Applicable to 6.836% Senior Notes due 2023

 

Issuer   T-Mobile USA, Inc.   
Title of Security   6.836% Senior Notes due 2023 (the “6.836% senior notes”)   
Aggregate Principal Amount Offered by Selling Noteholder   $600,000,000   
Maturity   April 28, 2023   
Coupon   6.836%   
Public Offering Price   98.000% of principal amount, plus accrued interest from July 28, 2013    
Yield to Maturity   7.128%   
Spread to Treasury   + 450 bps   
Benchmark   UST 1.750% due May 15, 2023   
Gross Proceeds to Selling Noteholder before Expenses   $588,000,000   
Optional Redemption:  
  On or after the following dates at the following redemption prices plus accrued and unpaid interest, if any, to, but not including the date of, the redemption date:     
   

Year

  

Percentage

 
  April 28, 2018      103.418
  April 28, 2019      102.279
  April 28, 2020      101.139
  April 28, 2021 and thereafter      100.000
Make-whole call   Prior to April 28, 2018 at a discount rate of Treasury plus 50 bps   
Optional redemption with equity proceeds   At any time prior to April 28, 2016, up to 35% of the 6.836% senior notes outstanding may be redeemed at 106.836% plus accrued and unpaid interest, if any, to, but not including, the redemption date.     
Change of Control Triggering Event   101%, plus accrued and unpaid interest, if any to, but not including, the date of payment.    
CUSIP/ISIN Numbers  

CUSIP: 87264AAE5

 

ISIN: US87264AAE55

  

  

Terms Applicable to All Notes

 

Interest Payment Dates    January 28 and July 28. The next interest payment date will be January 28, 2014
Use of Proceeds    The selling noteholder (Deutsche Telekom AG) will receive all of the proceeds from the sale of the Notes.
Trade Date    October 8, 2013
Settlement Date    T+5; (October 16, 2013)

 

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   Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in three business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade Notes prior to October 10, 2013 will be required, by virtue of the fact that the Notes initially will settle T+5 (on October 16, 2013) to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of Notes who wish to trade Notes prior to October 10, 2013 should consult their own advisors.
Denominations    $2,000 and integral multiples of $1,000
Form of Offering    SEC Registered (Registration No. 333-189425)
Joint Book-Running Managers    Deutsche Bank Securities Inc.
   Citigroup Global Markets Inc.
  

Credit Suisse Securities (USA) LLC

 

Goldman, Sachs & Co.

 

J.P. Morgan Securities LLC

 

Morgan Stanley & Co. LLC

 

The Issuer has filed a registration statement (Registration No. 333-189425) (including a Preliminary Prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the Preliminary Prospectus in that registration statement, the related Preliminary Prospectus Supplement and other documents the issuer has filed with the SEC, including those incorporated by reference into the Preliminary Prospectus and Preliminary Prospectus Supplement, for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Issuer, the underwriter or any dealer participating in the offering will arrange to send you the Preliminary Prospectus and related Preliminary Prospectus Supplement if you request it by contacting Deutsche Bank Securities Inc. at Attention: Prospectus Department, at 60 Wall Street, New York, New York 10005-2836, by e-mail at prospectus.cpdg@db.com, or by telephone at (800) 503-4611.

Any disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such disclaimers and other notices were automatically generated as a result of this communication being sent via Bloomberg or another email system.

 

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