E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/1/2013 in the Prospect News Investment Grade Daily.

New Issue: AT&T reopens 1.4% global notes due 2017 to add $500 million

By Andrea Heisinger

New York, March 1 - AT&T Inc. reopened its 1.4% global notes due Dec. 1, 2017 to add $500 million, according to an FWP filing with the Securities and Exchange Commission.

The notes (A3/A-/A) were priced at 99.684.

There is a make-whole call at Treasuries plus 15 bps.

Total issuance is now $2 billion, including $1.5 billion priced on Dec. 6, 2012 at 80 bps over Treasuries.

Citigroup Global Markets Inc. was the bookrunner.

Proceeds will be used for general corporate purposes.

The telecommunications company is based in Dallas.

Issuer:AT&T Inc.
Issue:Global notes
Amount:$500 million, reopened
Maturity:Dec. 1, 2017
Bookrunner:Citigroup Global Markets Inc.
Coupon:1.4%
Price:99.684
Call:Make-whole at Treasuries plus 15 bps
Trade date:Feb. 28
Settlement date:March 5
Ratings:Moody's: A3
Standard & Poor's: A-
Fitch: A
Total issuance:$2 billion, including $1.5 billion sold Dec. 6

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.