trending Market Intelligence /marketintelligence/en/news-insights/trending/vwmuji31h7rihhxwapbpua2 content esgSubNav
In This List

AT&T's private debt exchange offers expire

Podcast

MediaTalk | Season 2
Ep.1: Broadcast's Big Year

Podcast

MediaTalk | Season 2: Back in 2024!

Blog

Global 5G Survey 2023 Fixed wireless access growing but mid-band still No 1

Blog

Essential IR Insights Newsletter Fall - 2023


AT&T's private debt exchange offers expire

AT&T Inc.'s private exchange offers for five series of notes expired Feb. 22.

On the settlement date of Feb. 27, AT&T expects to deliver about €878.5 million of floating-rate global notes due 2023, €450.3 million of 1.050% global notes due 2023, €1.49 billion of 1.800% global notes due 2026 and €1.26 billion of 2.350% global notes due 2029, in each case for the respective series of old notes validly tendered and accepted by AT&T, plus a cash fee of €2.50 per €1,000 principal amount of the old notes validly tendered and accepted by AT&T.

The amount of outstanding old notes validly tendered and not validly withdrawn satisfied the minimum condition in each of the exchange offers, except with respect to the 3.550% global notes due 2037.

AT&T will not receive any cash proceeds from the exchange offers.