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

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.

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