The US’ second-largest operator, AT&T, is planning to issue a 30-year US$$1.3bn bond, which will be listed on Taiwan’s stock exchange on 10 November.
The offering will be priced at par and will carry a 4.7% interest rate.
Taipei-based Masterlink…
The US’ second-largest operator, AT&T, is planning to issue a 30-year US$$1.3bn bond, which will be listed on Taiwan’s stock exchange on 10 November.
The offering will be priced at par and will carry a 4.7% interest rate.
Taipei-based Masterlink Securities and Mega International Commercial Bank are acting as underwriters on the issue, while Morgan Stanley has been mandated as the sole global structuring agent.
Proceeds from the bond sale will be used for general corporate purposes, AT&T said in a securities filing.
AT&T recently completed the sale of US$2bn worth of assets to local triple-play operator Frontier Communications.
It is also awaiting regulatory approval US DTH provider DirecTV for US$48.5bn.
