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2020 Cash Mandatory Exchangeable Trust Due 6/01/2023
Ticker Symbol: CSHZZ*     CUSIP: Unknown*      Exchange: OTOTC
* If you know the CUSIP number for this security, please let us know.
Security Type:   Mandatory Convertible Security
* NOTE: This security is no longer trading as of 6/01/2023

QUANTUMONLINE.COM SECURITY DESCRIPTION:  2020 Cash Mandatory Exchangeable Trust
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Conversion
Shares@Price
Distribution Dates 15%
Tax Rate
OTOTCn
OTOTCps
n.a.
n.a.
N/A
N/A
N/A
6/01/2023
-  - 
N/A
N/A
n.a.
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (TMUS)

Notes:  T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile”) today announced that the 2020 Cash Mandatory Exchangeable Trust, a Delaware statutory trust (the “Trust”), has priced the private offering of its 2020 Cash Mandatory Exchangeable Trust Securities (the “Trust Securities”) for an aggregate purchase price of $1,860,465,000 (the “Offering”). The Trust also granted the initial purchasers of the Trust Securities a 30-day option to purchase up to an additional $139,535,000 aggregate purchase price of the Trust Securities at the initial offering price less the initial purchaser discount. The Offering is expected to close on June 26, 2020, subject to satisfaction of customary closing conditions. At the closing of the Offering, T-Mobile will sell 18,062,698 shares of its common stock (19,417,400 shares if the initial purchasers exercise in full their option to purchase additional Trust Securities) to the Trust. For every share of common stock sold by T-Mobile to the Trust, T-Mobile has agreed to repurchase one share of common stock from a subsidiary of SoftBank Group Corp. (“SoftBank”) for consideration equivalent to that received by T-Mobile in its sales. Consequently, the Offering will not involve gain or loss to T-Mobile and will not affect the number of outstanding shares of T-Mobile common stock or T-Mobile’s capitalization. The Trust will use a portion of the net proceeds from the Offering to purchase U.S. Treasury securities, which will fund quarterly distributions on the Trust Securities, and the holders of the Trust Securities will be entitled to a final mandatory exchange cash amount on June 1, 2023 that will depend on the daily volume-weighted average price of shares of T-Mobile common stock. A portion of the net proceeds of the Offering, together with a contingent right to receive on June 1, 2023 a number of shares of T-Mobile common stock based on the daily volume-weighted average price of shares of T-Mobile common stock, will be transferred to SoftBank.

Company's Online Information Links
HOME PAGE:     https://www.t-mobile.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Email Address investor.relations@t-mobile.com
Email Contact Form on Website Go to Email Form

Address and Phone Numbers
Address:   12920 SE 38th Street, Bellevue, WA 98006
Main Phone Number 425-378-4000
Fax Number Not Available
Investor Relations 425-378-4000
Toll Free Phone Number 877-281-8687
CEO - Mike Sievert CFO - Peter Osvaldik

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