TDS - Telephone and Data Systems Inc.
05/17/2021 | Press release | Distributed by Public on 05/17/2021 12:44
Underwriting agreement (Form 8-K)
Other Events
On May 10, 2021, United States Cellular Corporation (the 'Company'), subsidiary of Telephone and Data Systems, Inc., entered into an underwriting agreement (the 'Underwriting Agreement') with BofA Securities, Inc., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, UBS Securities LLC and Wells Fargo Securities, LLC, as representatives (the 'Representatives') of the several underwriters named therein (the 'Underwriters'), and a related Terms Agreement (the 'Terms Agreement') among the Company and the Representatives, pursuant to which the Company agreed to sell to the Underwriters, and the Underwriters agreed to purchase from the Company, subject to the satisfaction of the terms and conditions set forth in the Underwriting Agreement, $500,000,000 aggregate principal amount of the Company's 5.500% Senior Notes due 2070 (the 'Notes').
The terms and conditions of the Underwriting Agreement and the Notes are described in the Company's Form 8-K dated May 17, 2021, which Form 8-K is incorporated by reference herein.
The Notes were registered under the Securities Act of 1933, as amended (the 'Securities Act'), pursuant to a shelf registration statement on Form S-3 (File No. 333-251482), including the prospectus forming a part thereof. On May 10, 2021, the Company filed with the Securities and Exchange Commission a prospectus supplement to the prospectus pursuant to Rule 424(b)(5) under the Securities Act, relating to the offering of the Notes.
Financial Statements and Exhibits
(d) Exhibits: