By Andrea Heisinger
Omaha, April 3 - AT&T Inc. priced a $2 billion offering of two-year floating-rate senior unsecured notes at par to yield three-month Libor plus 45 basis points, according to an 8-K filing with the Securities and Exchange Commission.
The Rule 144A notes (A2/A/A) are putable at par on Dec. 5, 2008 and Aug. 5, 2009.
Interest is payable quarterly.
Proceeds will be used for general corporate purposes.
The communications company is based in San Antonio.
| Issuer: | AT&T Inc.
|
| Issue: | Floating-rate senior unsecured notes
|
| Amount: | $2 billion
|
| Maturity: | April 2, 2010
|
| Coupon: | Three-month Libor plus 45 bps, payable quarterly
|
| Price: | Par
|
| Yield: | Three-month Libor plus 45 bps
|
| Puts: | At par on Dec. 5, 2008 and Aug. 5, 2009
|
| Trade date: | March 27
|
| Settlement date: | April 2
|
| Distribution: | Rule 144A
|
| Ratings: | Moody's: A2
|
| Standard & Poor's: A
|
| Fitch: A
|
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