SoftBank raises $4.8bn from T-Mobile share sale, term sheet shows

Japanese company will remain the U.S. carrier's second largest shareholder

20250617 T-mobile and SB logos

SoftBank offered the shares in a range of $224 to $228 each, about a 3% discount to T-Mobile's closing price on June 16. (Source photos by Getty Images and Mayumi Tsumita)

SYDNEY (Reuters) -- Japan's SoftBank raised $4.8 billion from a sale of 21.5 million T-Mobile shares at $224 each, according to a term sheet reviewed by Reuters.

The shares were offered in a price range of $224 to $228 each, the term sheet said. The final price was around a 3% discount to T-Mobile's closing price on Monday of $230.99.

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