ISSUER:
|
AT&T Inc. | |
TITLE OF SECURITIES:
|
2.500% Global Notes due 2015 (the “Notes”) | |
TRADE DATE:
|
July 27, 2010 | |
SETTLEMENT DATE (T+3):
|
July 30, 2010 | |
MATURITY DATE:
|
August 15, 2015, at par. | |
AGGREGATE PRINCIPAL AMOUNT OFFERED: |
$2,250,000,000 | |
PRICE TO PUBLIC (ISSUE PRICE): |
99.694% | |
GROSS SPREAD:
|
0.350% | |
PRICE TO AT&T INC.:
|
99.344% | |
NET PROCEEDS:
|
$2,235,240,000 | |
UNDERWRITERS’ REIMBURSEMENT
OF AT&T INC.’S EXPENSES:
|
Underwriters to reimburse $300,000 of AT&T Inc.’s expenses | |
USE OF PROCEEDS:
|
General corporate purposes | |
INTEREST RATE:
|
2.500% per annum | |
INTEREST PAYMENT DATES:
|
Semi-annually on each February 15 and August 15, commencing on February 15, 2011 | |
DENOMINATIONS:
|
Minimum of $2,000 and integral multiples of $1,000 thereafter |
OPTIONAL REDEMPTION:
|
At any time in whole, or from time to time in part, at a make-whole call equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed or (ii) the sum of the present values of the remaining scheduled payments of principal and interest discounted to the redemption date, on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months), at a rate equal to the sum of the Treasury Rate plus 15 basis points for the Notes, plus in each of clauses (i) and (ii) accrued and unpaid interest on the Notes to be redeemed to the date of redemption. | |
INDENTURE AND RANKING:
|
The Notes will be issued under an indenture, dated as of November 1, 1994, between AT&T Inc. and The Bank of New York Mellon, as trustee. The Notes will be AT&T Inc.’s unsecured and unsubordinated obligations and will rank pari passu with all other indebtedness issued under the indenture. | |
RATINGS:
|
Moody’s: A2 (Negative), S&P: A (Negative), Fitch: A (Stable) | |
| AT&T Inc. has been informed by Standard & Poor’s Ratings Services that it has decided to place AT&T Inc. on credit watch (negative). | ||
JOINT BOOKRUNNERS:
|
J.P. Morgan Securities Inc. RBS Securities Inc. UBS Securities LLC |
|
CUSIP NUMBER:
|
00206R AV4 | |
ISIN NUMBER:
|
US00206RAV42 |
| Principal Amount | ||||
| Underwriters | of Notes | |||
J.P. Morgan Securities Inc. |
U.S.$ | 562,500,000 | ||
RBS Securities Inc. |
562,500,000 | |||
UBS Securities LLC |
562,500,000 | |||
Goldman, Sachs & Co. |
180,000,000 | |||
Wells Fargo Securities, LLC |
180,000,000 | |||
Blaylock Robert Van, LLC |
67,500,000 | |||
Lebenthal & Co., LLC |
67,500,000 | |||
Samuel A. Ramirez & Company, Inc. |
67,500,000 | |||
Total |
U.S.$ | 2,250,000,000 | ||
REFERENCE DOCUMENT:
|
Prospectus Supplement, dated July 27, 2010; Prospectus, dated March 18, 2010. |