ISSUER:
|
AT&T Inc. | |
TITLE OF SECURITIES:
|
4.85% Global Notes due 2014, 5.80% Global Notes due 2019 and 6.55% Global Notes due 2039 (collectively, the “Notes”) | |
TRADE DATE:
|
January 29, 2009 | |
SETTLEMENT DATE (T+3):
|
February 3, 2009 | |
MATURITY DATE:
|
February 15, 2014, at par, for 4.85% Global Notes due 2014 | |
| February 15, 2019, at par, for 5.80% Global Notes due 2019 | ||
| February 15, 2039, at par, for 6.55% Global Notes due 2039 | ||
AGGREGATE PRINCIPAL AMOUNT OFFERED: |
Global Notes due 2014: $1,000,000,000 Global Notes due 2019: $2,250,000,000 Global Notes due 2039: $2,250,000,000 |
|
PRICE TO PUBLIC (ISSUE PRICE): |
Global Notes due 2014: 99.994% Global Notes due 2019: 99.689% Global Notes due 2039: 99.437% |
|
GROSS SPREAD:
|
Global Notes due 2014: 0.350% Global Notes due 2019: 0.450% Global Notes due 2039: 0.750% |
|
PRICE TO AT&T INC.:
|
Global Notes due 2014: 99.644% Global Notes due 2019: 99.239% Global Notes due 2039: 98.687% |
|
NET PROCEEDS:
|
Global Notes due 2014: $996,440,000 Global Notes due 2019: $2,232,877,500 Global Notes due 2039: $2,220,457,500 |
|
UNDERWRITERS’ REIMBURSEMENT
OF AT&T INC.’S EXPENSES:
|
Underwriters to reimburse $710,000 of AT&T Inc.’s expenses |
USE OF PROCEEDS:
|
General corporate purposes | |
INTEREST RATE:
|
Global Notes due 2014: 4.85% per annum Global Notes due 2019: 5.80% per annum Global Notes due 2039: 6.55% per annum |
|
INTEREST PAYMENT DATES:
|
Global Notes due 2014: Semi-annually on each February 15 and August 15, commencing on August 15, 2009 | |
| Global Notes due 2019: Semi-annually on each February 15 and August 15, commencing on August 15, 2009 | ||
| Global Notes due 2039: Semi-annually on each February 15 and August 15, commencing on August 15, 2009 | ||
DENOMINATIONS:
|
Minimum of $2,000 and integral multiples of $1,000 thereafter | |
OPTIONAL REDEMPTION:
|
At any time in whole or from time to time in part, at a make-whole call equal to the greater of (i) 100% of the principal amount of the Global Notes due 2014, the Global Notes due 2019 or the Global Notes due 2039, as applicable, to be redeemed or (ii) the sum of the present values of the remaining scheduled payments of principal and interest discounted to the redemption date, on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months), at a rate equal to the sum of the Treasury Rate plus 45 basis points for the Global Notes due 2014, at a rate equal to the sum of the Treasury Rate plus 45 basis points for the Global Notes due 2019 and at a rate equal to the sum of the Treasury Rate plus 45 basis points for the Global Notes due 2039. | |
INDENTURE AND RANKING:
|
The Notes will be issued under an indenture, dated as of November 1, 1994, between AT&T Inc. and The Bank of New York Mellon, as trustee. The Notes will be AT&T Inc.’s unsecured and unsubordinated obligations and will rank pari passu with all other indebtedness issued under the indenture. |
RATINGS:
|
Moody’s: A2 (Stable), S&P: A (Stable),
Fitch: A (Stable) |
|
JOINT BOOKRUNNERS:
|
Banc of America Securities LLC Citigroup Global Markets Inc. Goldman, Sachs & Co. J.P. Morgan Securities Inc. |
|
CUSIP NUMBERS:
|
Global Notes due 2014: 00206RAQ5 Global Notes due 2019: 00206RAR3 Global Notes due 2039: 00206RAS1 |
|
ISIN NUMBERS:
|
Global Notes due 2014: US00206RAQ56 Global Notes due 2019: US00206RAR30 Global Notes due 2039: US00206RAS13 |
| Principal Amount | Principal Amount | Principal Amount | ||||||||||
| Underwriters | of 2014 Notes | of 2019 Notes | of 2039 Notes | |||||||||
Banc of America
Securities LLC |
U.S.$ | 230,000,000 | U.S.$ | 517,500,000 | U.S.$ | — | ||||||
Citigroup Global
Markets Inc. |
— | 517,500,000 | 517,500,000 | |||||||||
Goldman, Sachs & Co. |
230,000,000 | — | 517,500,000 | |||||||||
J.P. Morgan
Securities Inc. |
230,000,000 | 517,500,000 | 517,500,000 | |||||||||
Barclays Capital Inc. |
73,334,000 | 165,000,000 | 165,000,000 | |||||||||
Deutsche Bank
Securities Inc. |
73,333,000 | 165,000,000 | 165,000,000 | |||||||||
Greenwich Capital
Markets, Inc. |
73,333,000 | 165,000,000 | 165,000,000 | |||||||||
Cabrera Capital
Markets, LLC |
22,500,000 | 50,625,000 | 50,625,000 | |||||||||
Mitsubishi UFJ
Securities |
||||||||||||
International
plc |
28,000,000 | 50,625,000 | 50,625,000 | |||||||||
M.R. Beal &
Company |
22,500,000 | 50,625,000 | 50,625,000 | |||||||||
The Williams Capital
Group, L.P. |
17,000,000 | 50,625,000 | 50,625,000 | |||||||||
Total |
U.S.$ | 1,000,000,000 | U.S.$ | 2,250,000,000 | U.S.$ | 2,250,000,000 | ||||||
Total |
U.S.$ | 5,500,000,000 | ||||||||||
| REFERENCE DOCUMENT: | Prospectus Supplement, dated January 29, 2009; | |
| Prospectus, dated May 23, 2007. |