![]() ("T-Mobile USA"), the parent companies of Sprint. The Purchase Agreement provides that, upon the terms and conditions set forth therein, Sprint Communications will undertake a divisive merger and Cogent will purchase from Sprint all of the issued and outstanding membership interests of a newly formed Delaware limited liability company resulting from such divisive merger that holds the Wireline Business (the contemplated by the Purchase Agreement, the "Wireline Transaction").įollowing the Sprint Proposed Amendments, the Sprint Notes will continue to be guaranteed by Sprint Communications, as well as by T-Mobile and T-Mobile USA, Inc. extensions thereof) of Sprint Communications and its subsidiaries (such assets and liabilities collectively, the "Wireline Business") on the terms and subject to the conditions set forth in the Purchase Agreement. long-haul fiber network (including the non-U.S. ("Cogent"), pursuant to which Cogent agreed to acquire certain assets and liabilities primarily relating to the U.S. The Consent Solicitations are being conducted in connection with the Membership Interest Purchase Agreement, dated as of Septem(as it may be amended, supplemented or modified from time to time, the "Purchase Agreement"), made by and among Sprint, Sprint Communications LLC ("Sprint Communications") and Cogent Infrastructure, Inc. The SCC Consent Solicitation relates to proposed amendments to the indenture, dated as of Octo(as supplemented and amended, the "SCC Indenture"), governing SCC’s 6.875% Notes due 2028 (the "2028 Notes") and 8.750% Notes due 2032 (the "2032 Notes," and together with the 2028 Notes, the "SCC Notes," and together with the Sprint Notes, the "Notes"). The Sprint Consent Solicitation relates to proposed amendments to the senior notes indenture, dated as of Septem(as supplemented and amended, the "Sprint Indenture"), governing Sprint’s 7.875% Notes due 2023 (the "2023 Notes"), 7.125% Notes due 2024 (the "2024 Notes"), 7.625% Notes due 2025 (the "2025 Notes") and 7.625% Notes due 2026 (the "2026 Notes," and together with the 2023 Notes, the 2024 Notes and the 2025 Notes, the "Sprint Notes"). (NASDAQ: TMUS) ("T-Mobile") announced today that its wholly-owned subsidiaries Sprint LLC ("Sprint") and Sprint Capital Corporation ("SCC") have each commenced a consent solicitation (the "Sprint Consent Solicitation" and the "SCC Consent Solicitation", respectively, and together, the "Consent Solicitations"). ![]() ![]() ![]() BELLEVUE, Wash., March 13, 2023-( BUSINESS WIRE)-T-Mobile US, Inc. ![]()
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