By Devika Patel
Knoxville, Tenn., June 21 – AT&T Inc. priced a $1.5 billion issue of three-year floating-rate global notes (Baa2/BBB/A-) at par with a coupon of Libor plus 75 basis points on Thursday, according to an FWP filing with the Securities and Exchange Commission.
BofA Merrill Lynch and U.S. Bancorp Investments Inc. were the bookrunners.
Proceeds will be used for general corporate purposes.
AT&T is a Dallas-based telecommunications company.
| Issuer: | AT&T Inc.
|
| Issue: | Floating-rate global notes
|
| Amount: | $1.5 billion
|
| Maturity: | June 1, 2021
|
| Bookrunners: | BofA Merrill Lynch and U.S. Bancorp Investments Inc.
|
| Coupon: | Libor plus 75 bps
|
| Price: | Par
|
| Yield: | Libor plus 75 bps
|
| Call feature: | Non-callable
|
| Trade date: | June 21
|
| Settlement date: | June 25
|
| Ratings: | Moody’s: Baa2
|
| S&P: BBB
|
| Fitch: A-
|
| Distribution: | SEC registered
|
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