Forex
AT&T Launches Euro and Sterling Bond Sale with Five-Part Offering
AT&T has launched a bond sale consisting of five parts, each denominated in either euros or British pounds sterling. The company is offering four euro-denominated bonds with varying maturity dates: four years, eight years, 12 years, and 19 years. In addition to these, AT&T is also issuing a single 26-year bond denominated in sterling.
The sale of these bonds is expected to price later today, according to a person familiar with the matter who asked not to be identified. The terms of the offering are yet to be finalized, but it appears that AT&T is seeking to raise capital through this bond sale.