DBRS Rates AT&T Inc.’s $3 Billion Notes at “A”, Stable Trend
DBRS has assigned a rating of “A” with a Stable trend to AT&T Inc.’s recent $3.0 billion aggregate notes issue. The issuance consisted of two tranches that include: (1) $1 billion of 4.95% notes that mature January 15, 2013; and (2) $2.0 billion of 6.3% notes that mature January 15, 2038.
DBRS expects AT&T Inc. to use the proceeds for general corporate purposes.
Note:
All figures are in U.S. dollars unless otherwise noted.