AT&T Inc. Announces Offers To Exchange Seventeen Series Of Notes For New Notes Due 2042 And 2045 And Cash, As Applicable
Add after last graph of release and before FORWARD-LOOKING STATEMENTS: About AT&T section and copyright language.
The corrected release reads:
AT&T INC. ANNOUNCES OFFERS TO EXCHANGE SEVENTEEN SERIES OF NOTES FOR
NEW NOTES DUE 2042 AND 2045 AND CASH, AS APPLICABLE
AT&T Inc. (NYSE: T; and “
AT&T”) today announced the
commencement of private offers to (i) exchange (the “
Pool 1 Offer”)
the three series of notes described in the table below (the “
Pool 1
Notes”) for a new series of AT&T’s senior notes to be due in 2042
(the “
New 2042 Notes”) and cash;
| Title of Security | Issuer | Consideration Exchanged For | ||
| 7.12% Debentures due 2097 | BellSouth Corporation (1) | New 2042 Notes and cash | ||
| 7.0% Notes due 2095 | BellSouth Telecommunications, LLC (2) | New 2042 Notes and cash | ||
| 6.65% Zero-to-Full Debentures due 2095 | BellSouth Telecommunications, LLC (2) | New 2042 Notes and cash | ||
| (1) The 7.12% Debentures due 2097 were originally issued by BellSouth Capital Funding Corporation, which subsequently merged with and into BellSouth Corporation. | ||||
| (2) BellSouth Telecommunications, LLC was formerly known as BellSouth Telecommunications, Inc. | ||||
(ii) exchange (the “ Pool 2 Offer”) the four series of notes described in the table below (the “ Pool 2 Notes”) for a new series of AT&T’s senior notes to be due in 2045 (the “ New 2045 Notes” and, together with the New 2042 Notes, the “ New Notes”) and cash;
| Title of Security | Issuer | Consideration Exchanged For | ||
| 7.875% Notes, due 2030 | BellSouth Corporation (1) | New 2045 Notes and cash | ||
| 6.875% Notes, due 2031 | BellSouth Corporation | New 2045 Notes and cash | ||
| 6.550% Notes, due 2034 | BellSouth Corporation | New 2045 Notes and cash | ||
| 6.00% Notes, due 2034 | BellSouth Corporation | New 2045 Notes and cash | ||
| (1) The 7.875% Notes were original issued by BellSouth Capital Funding Corporation, which subsequently merged with and into BellSouth Corporation. | ||||
| Title of Security | Issuer | Consideration Exchanged For | Acceptance Priority Level | |||
| 6.450% Global Notes due 2034 | AT&T Inc. | New 2045 Notes | 1 | |||
| 6.150% Global Notes due 2034 | AT&T Inc. | New 2045 Notes | 2 | |||
| 8.00% Notes, due 2031 | AT&T Corp. (1) | New 2042 Notes | 3 | |||
| 8.750% Notes, due 2031 | New Cingular Wireless Services, Inc. (2) | New 2042 Notes | 4 | |||
| 7.125% Senior Notes, due 2031 | AT&T Mobility LLC (3) | New 2042 Notes | 5 | |||
| 6.800% Notes, due 2036 | AT&T Inc. | New 2045 Notes and cash | 6 | |||
| 6.40% Global Notes due 2038 | AT&T Inc. | New 2045 Notes and cash | 7 | |||
| 6.500% Global Notes due 2037 | AT&T Inc. | New 2042 Notes and cash | 8 | |||
| 6.30% Global Notes due 2038 | AT&T Inc. | New 2042 Notes and cash | 9 | |||
| 6.550% Global Notes due 2039 | AT&T Inc. | New 2045 Notes and cash | 10 | |||
| (1) The 8.00% Notes due 2031 were issued by AT&T Corp. and are fully, unconditionally and irrevocably guaranteed by AT&T. | ||||||
| (2) New Cingular Wireless Services, Inc. was formerly known as AT&T Wireless Services, Inc. | ||||||
| (3) AT&T Mobility LLC was formerly known as Cingular Wireless LLC. | ||||||
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