Moody's rates AT&T notes A2

Moody's Investors Service said it assigned an A2 senior unsecured rating to AT&T Inc.'s new $4 billion debt offering that consists of $1 billion 0.8% global notes due 2015, $1.5 billion 1.4% global notes due 2017 and $1.5 billion 2.625% global notes due 2022.

The proceeds will be used for general corporate purposes.

All of AT&T's ratings remain on review for downgrade, including the rating assigned today and the company's existing A2 senior unsecured ratings and Prime-1 rating for commercial paper.

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