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United States Cellular Corp., 6.25% Senior Notes due 9/1/2069
Ticker Symbol: UZD     CUSIP: 911684702     Exchange: NYSE
Security Type:   Exchange-Traded Debt Security

QUANTUMONLINE.COM SECURITY DESCRIPTION:  United States Cellular Corp., 6.25% Senior Notes due 2069, issued in $25 denominations, redeemable at the issuer's option on or after 09/01/2025 at $25 per note plus accrued and unpaid interest, and maturing 09/01/2069.

Interest distributions of 6.25% per annum ($1.5625 per annum or $0.390625 per quarter) will be paid quarterly on 3/1, 6/1, 9/1 & 12/1 to holders of record on the record date that will be one business day prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders.

Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest.

This security was rated as Ba1 by Moody’s and BB by S&P at the date of its IPO. This security was rated as BB+ by Fitch Ratings Co. at the date of its IPO. The Notes are senior unsecured and unsubordinated obligations of the company and will rank equally with all existing and future senior unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
NYSE
Chart
6.25%
$1.5625
$25.00
$25.00
9/01/2025
9/01/2069
Ba2 BB
3/30/2023
3/1, 6/1, 9/1 & 12/1
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (USM)

IPO - 8/10/2020 - 20.00 Million Notes @ $25/note.    Link to IPO Prospectus
Market Value $500.0 Million

Company's Online Information Links
HOME PAGE:     https://www.uscellular.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
Inv Rel Email Address jane.mccahon@tdsinc.com
General Email Address corporate@uscellular.com
Email Request Form on Website Go to Email Form

Address and Phone Numbers
Address:   8410 West Bryn Mawr Avenue, Suite 700, Chicago, IL 60631
Main Phone Number 773-399-8900
Fax Number 773-399-8936
Investor Relations   Jane McCahon, TDS, Inc. 312-592-5379
Toll Free Phone Number 888-944-9400
CEO - Laurent Therivel CFO - Douglas W. Chambers


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