Tag Archives: Investors

T-Mobile prices its public offering of 17.4M shares

In a press release published this morning, T-Mobile announced the pricing of its registered public offering. The carrier is offering 17.4 million shares of 5.50% mandatory convertible preferred stock at a price of $50 per share. T-Mo hopes to raise around $854 million from the public offering. It’s also giving underwriters the opportunity to buy up to an additional 2.6 million shares of Mandatory Convertible Preferred Stock. As with any public offering, T-Mobile … [read full article]