Fitch rates AT&T notes A

Fitch Ratings said its assigned an A rating to AT&T Inc.'s proposed offering of up to $3 billion of senior notes.

Proceeds from the offering are expected to be used for general corporate purposes.

The company's A issuer default rating and related issue ratings remain on Rating Watch negative, where they were placed on March 21 following AT&T's announcement of a definitive agreement to acquire T-Mobile USA, Inc.'s assets from Deutsche Telekom AG in a $39 billion cash and stock transaction, the agency said.

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