| Title: | AT&T Inc.'s Global Notes Rated 'A' |
| Price: | $100.00 |
| Publication Date: | May 09, 2008 |
| Report Type: | News |
| Abstract: | NEW YORK (Standard&Poor's) May 9, 2008--Standard&Poor's Ratings Services today assigned its 'A' rating to San Antonio, Texas-based diversified telecommunications carrier AT&T Inc.'s $2.25 billion of new global notes, consisting of $1 billion notes due 2018 and $1.25 billion notes due 2038. At the same time, we affirmed the 'A' rating on the $750 million add-on to its existing $1.75 billion notes due 2013 for a new amount of $2.5 billion. Proceeds will be used for general corporate purposes, including the partial refinancing of the company's commercial paper borrowings, which totaled $7.7 billion at March 31, 2008. As of March 31, 2008, the company had about $73.5 billion of total funded debt outstanding. The ratings for AT&T |
| Brief Excerpt: | RESEARCH Ratings Definitions AT&T Inc.'s Global Notes Rated 'A' Publication date: ##-May-#### Primary Credit Analyst: Catherine Cosentino, New York (#) ###-###-####; catherine_cosentino@standardandpoors.com NEW YORK (Standard & Poor's)... |
| Word Count: | 594 |
| Ticker: | SBC |
| Issuer: | AT&T Inc. |
| GICS: | Integrated Telecommunication Services (50101020) |
| Sector: | Global Issuers, Structured Finance, Corporations, Asset-Backed Securities, Telecommunications & Cable |
| Country: | United States |
| Region: | Asia |
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