Issuer Free Writing Prospectus filed pursuant to Rule 433

supplementing the Preliminary Prospectus Supplement dated March 29, 2016

Registration No. 333-192178

March 29, 2016

Pricing Term Sheet

T-MOBILE USA, INC.

$1,000,000,000 6.000% Senior Notes due 2024

Pricing Supplement, dated March 29, 2016, to Preliminary Prospectus Supplement, dated March 29, 2016, 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.

 

Issuer		T-Mobile USA, Inc.
Title of Security		6.000% Senior Notes due 2024 (the “senior notes”)
Aggregate Principal Amount		$1,000,000,000
Maturity		April 15, 2024
Coupon		6.000%
Public Offering Price		100.000% of principal amount
Yield to Maturity		6.000%
Spread to Treasury		+ 434 bps
Benchmark		UST 2.750% due February 15, 2024
Gross Proceeds Before Expenses		$1,000,000,000
Net Proceeds Before Expenses		$998,750,000
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:

Make-whole call		Prior to April 15, 2019 at a discount rate of Treasury plus 50 bps
Optional redemption with equity proceeds		At any time prior to April 15, 2019, up to 35% of the senior notes may be redeemed at 106.000% 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: 87264A AQ8   ISIN: US87264AAQ85

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Interest Payment Dates		April 15 and October 15. The first interest payment date will be October 15, 2016.
Use of Proceeds		The purchase of 700 MHz A-block spectrum and other spectrum purchases.
Trade Date		March 29, 2016
Settlement Date		T+3 (April 1, 2016)
Denominations		$2,000 and integral multiples of $1,000
Form of Offering		SEC Registered (Registration No. 333-192178)
Joint Book-Running Managers		Deutsche Bank Securities Inc. Citigroup Global Markets Inc. J.P. Morgan Securities LLC Barclays Capital Inc. Goldman, Sachs & Co
Co-Managers		Credit Suisse Securities (USA) LLC Morgan Stanley & Co. LLC RBC Capital Markets, LLC

Other information presented in the Preliminary Prospectus Supplement is deemed to have changed to the extent affected by the changes described herein.

 

 

The Issuer has filed a registration statement (Registration No. 333-192178) (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 underwriters 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 Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, New York 10005-2836, by telephone at +1 (800) 503-4611 or by email at prospectus.cpdg@db.com.

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 communication system.

 

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