This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

AT&T Inc. Announces Pricing Of Pending Any And All Tender Offers

Stocks in this article: T

AT&T Inc. (NYSE: T)(“ AT&T”) today announced the total consideration payable in connection with its previously announced tender offers (the “ Any and All Tender Offers”), which commenced on November 5, 2013, to purchase any and all of the outstanding debt securities (the “ Any and All Notes” and each a “ series” of Any and All Notes) listed in the table below. The Any and All Tender Offers will expire today, November 13, 2013, at 5:00 p.m., New York City time, unless extended (such date and time, as the same may be extended, the “ Any and All Expiration Date”). The Any and All Tender Offers are being made solely pursuant to the offer to purchase and related letter of transmittal, each dated November 5, 2013 (as they may be amended or supplemented, the “ Tender Offer Documents”).

The table below sets forth the Total Consideration for each series of Any and All Notes. The reference yields listed in the table below are based on the bid-side price of the applicable reference security listed in the table below at 2:00 p.m., New York City time, today, as described in the Tender Offer Documents.

Any and All of the Outstanding Securities Listed Below

Title of Security    

CUSIPNumber

   

Principal AmountOutstanding

   

U.S. TreasuryReferenceSecurity

    Reference Yield    

Fixed Spread(Basis Points)

    Total Consideration (1)
7.12% Debentures due 2097     079857AF5     $293,144,000     2.875% due 5/15/43     3.864%     + 245     $1,126.83
7% Debentures due 2095     079867AP2     $240,899,000     2.875% due 5/15/43     3.864%     + 245     $1,107.94
6.65% Zero-to-Full Debentures due 2095     079867AS6     $268,962,000     2.875% due 5/15/43     3.864%     + 245     $924.80
7.875% Debentures due 2030     079857AH1     $690,220,000     2.875% due 5/15/43     3.864%     + 195     $1,214.69
6.875% Notes due 2031     079860AD4     $505,451,000     2.875% due 5/15/43     3.864%     + 185     $1,129.08
6.550% Notes due 2034     079860AE2     $510,459,000     2.875% due 5/15/43     3.864%     + 190     $1,093.97
6.875% Debentures due 2027     030955AJ7     $200,000,000     2.500% due 8/15/23     2.725%     + 255     $1,156.31
6.55% Debentures due 2028     030955AN8     $400,000,000     2.500% due 8/15/23     2.725%     + 255     $1,126.03
7.30% Debentures due 2026     454614AK4     $150,000,000     2.500% due 8/15/23     2.725%     + 255     $1,186.15
7% Debentures due 2025     079867AM9     $300,000,000     2.500% due 8/15/23     2.725%     + 235     $1,170.10
6.00% Notes due 2034     079860AK8     $528,871,000     2.875% due 5/15/43     3.864%     + 185     $1,034.72
6.375% Debentures due 2028     079867AW7     $500,000,000     2.500% due 8/15/23     2.725%     + 245     $1,121.57
6.800% Notes due 2036     00206RAB8     $267,870,000     2.875% due 5/15/43     3.864%     + 180     $1,143.49
8.750% Senior Notes due 2031     00209AAF3     $896,496,000     2.875% due 5/15/43     3.864%     + 130     $1,406.80
6.500% Notes due 2029     001957AW9     $263,472,000     2.875% due 5/15/43     3.864%     + 140     $1,128.87
                       

(1) Per $1,000 principal amount of Any and All Notes.

 

Holders of Any and All Notes must validly tender and not validly withdraw their Any and All Notes at or prior to the Any and All Expiration Date to be eligible to receive the Total Consideration. Withdrawal rights for the Any and All Tender Offers will expire today, November 13, 2013, at 5:00 p.m., New York City time. Holders will also receive accrued and unpaid interest on Any and All Notes validly tendered and accepted for purchase from the last interest payment date up to, but not including, the date AT&T makes payment in same-day funds for such Any and All Notes, which date is anticipated to be November 14, 2013.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs