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.
SoftBank and T-Mobile did not immediately respond to requests for comment from Reuters.
SoftBank will remain T-Mobile’s second largest shareholder after the stock sale, behind Deutsche Telekom which is the U.S. company’s biggest…