Telephone and Data Systems, Inc. Common Shares (TDS) Social Stream

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$TDS New Press Release:

TDS Announces the Pricing of an Offering of 24,000,000 Depositary Shares Representing Interests in Series VV Preferred Stock

Telephone and Data Systems, Inc. (NYSE: "TDS") announced today that it priced an offering on August 9, 2021 of 24,000,000 depositary shares, each representing a 1/1,000th interest in its 6.000% Cumulative Redeemable Perpetual Preferred Stock, Series VV, $0.01 par value and $25,000 liquidation preference per share (equivalent to $25.00 per depositary share), for an aggregate public offering price of $600,000,000. TDS has granted the underwriters a 30-day option to purchase an additional 3,600,000 (...)

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