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Published on 10/27/2014 in the Prospect News Investment Grade Daily.

New Issue: AT&T prices $1.3 billion of 4.7% 30-year global bonds at par

By Aleesia Forni

Virginia Beach, Oct. 27 – AT&T Inc. sold $1,295,000,000 global notes (A3/A-/A) due 2044 at par on Monday, according to a FWP filed with the Securities and Exchange Commission.

The notes will be listed on the GreTai Securities Market.

MasterLink Securities Corp. and Mega International Commercial Bank Co. Ltd. were the bookrunners.

The notes may be redeemed on each Nov. 10 on or after Nov. 10, 2016 at par.

Proceeds will be used for general corporate purposes.

The telecommunications company is based in Dallas.

Issuer:AT&T Inc.
Amount:$1,295,000,000
Description:Global notes
Maturity:Nov. 10, 2044
Bookrunners:MasterLink Securities Corp., Mega International Commercial Bank Co. Ltd.
Coupon:4.7%
Price:Par
Yield:4.7%
Trade date:Oct. 27
Settlement date:Nov. 10
Optional redemption:Nov. 10 on or after Nov. 10, 2016 at par
Ratings:Moody’s: A3
Standard & Poor's: A-
Fitch: A

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