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Deutsche Bank Agents $1.5B Upsize for T-Mobile USA

September 18, 2020, 08:00 AM
Filed Under: Telecom
Related: Deutsche Bank

T-Mobile USA, Inc., a wholly-owned subsidiary of T-Mobile US, Inc., increased the aggregate commitment under its revolving credit facility to $5.5 billion through an amendment to its Credit Agreement, dated as of April 1, 2020.

According to a regulatory filing the company received an increases of the borrowing capacity under its revolving credit facility of $1.5 billion, bringing the total to $5.5 billion.

Deutsche Bank AG New York Branch, served as administrative agent, with proceeds from draws thereunder to be used for general corporate purposes including working capital needs.

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