Exchange Offers

T-Mobile US, Inc. finalized exchange offers for Array Digital Infrastructure’s senior notes, linked to their May 2024 Securities Purchase Agreement. The offers involved exchanging old Array notes due in 2033, 2069, and 2070 for new T-Mobile USA notes with matching terms. Concurrent consent solicitations amended indentures tied to the old notes. As of August 1, 2025, the exchange was completed, with settlement expected around August 5, 2025. D.F. King & Co., Inc. managed the exchange process. The transaction is a debt restructuring, with no cash proceeds received by T-Mobile.