DBRS Rates AT&T Inc.’s $1.5 billion Notes Issue “A”, Stable Trend
DBRS has today assigned a rating of “A” with a Stable trend to AT&T Inc.’s (AT&T Inc. or the Company) recently announced $1.5 billion notes issue.
The issue was done in single tranche that consisted of: $1.5 billion 6.7% notes that mature in November 2013.
DBRS expects the Company to use the proceeds from this issue for general corporate purposes including the repayment of commercial paper.
Note:
All figures are in U.S. dollars unless otherwise noted.
DBRS's rating definitions and the terms of use of such ratings are available at www.dbrs.com.