AT&T to redeem in full $1.2 billion of its three series of bonds

By Taylor Fox

New York, Aug. 18 – AT&T Inc. has issued notices for the full redemption of all outstanding principal amount of three series of bonds totaling approximately $1.2 billion, according to a news release.

When completed, AT&T will have refinanced or repaid $19.4 billion of near-term debt obligations since the end of the second quarter through make-whole redemptions, tender offers and repayment of scheduled maturities. $8.2 billion will reduce its debt maturing within one year.

Details of the redemptions were not disclosed in the release.

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

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