AT&T to redeem $4.3 billion of bonds, prepay $1 billion of term loans

By Sarah Lizee

Olympia, Wash., June 24 – AT&T Inc. issued notices for the redemption in full of all the outstanding principal amount of six series of bonds totaling about $4.3 billion and prepayment of term loans totaling $1 billion, according to a press release.

“When combined with recently announced repayment activity, and anticipated continued strong cash flow, the company’s future near-term debt maturity towers are very manageable,” AT&T said in the release, which did not disclose which bonds will be redeemed.

AT&T is a Dallas-based communication and entertainment company.

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