8-KOther EventsExhibits & Filings

AT&T INC. 8-K Report, Corporate Update (Mar 5, 2013)

Filed March 5, 2013For Securities:TT-PCTBBT-PA

Summary

AT&T Inc. filed this Form 8-K on March 5, 2013, to report the closing of its sale of $500 million aggregate principal amount of 1.400% Global Notes due 2017. This offering was conducted under an Underwriting Agreement dated February 28, 2013, with Citigroup Global Markets Inc. acting as the representative of the underwriters. The Notes were issued under an existing Indenture from 1994 and were registered with the SEC under a Form S-3 registration statement filed previously. For investors, this filing indicates AT&T's ongoing strategy to manage its capital structure and debt obligations. The issuance of these notes suggests the company was actively seeking funding, likely to support its operations, investments, or refinancing existing debt. The specific terms of the notes, including the 1.400% interest rate, provide insight into the cost of debt financing at that time. The filing also includes various exhibits such as the Underwriting Agreement, the form of the Note, and legal opinions, which provide transparency into the transaction's legal and financial framework.

Key Highlights

  • 1AT&T Inc. successfully closed the sale of $500,000,000 in aggregate principal amount of 1.400% Global Notes due 2017.
  • 2The notes were issued on March 5, 2013, under an Underwriting Agreement dated February 28, 2013.
  • 3Citigroup Global Markets Inc. acted as the representative of the underwriters for this debt issuance.
  • 4The Notes were issued pursuant to an existing Indenture dated November 1, 1994, originally established by SBC Communications Inc. (now AT&T Inc.).
  • 5The debt issuance was registered under the Securities Act of 1933 via a Form S-3 registration statement.
  • 6The filing includes key legal and contractual documents as exhibits, such as the Underwriting Agreement, Form of Global Note, and legal opinions.
  • 7This event signifies AT&T's active management of its debt financing and capital structure.

Frequently Asked Questions

The primary purpose of this Form 8-K filing was to report the closing of AT&T's sale of $500 million in 1.400% Global Notes due 2017 and to incorporate by reference relevant documents into its SEC registration statement.

The notes issued carry a coupon rate of 1.400% and mature in 2017.

The issuance of these notes suggests that AT&T was actively managing its debt and capital structure, likely to fund operations, capital expenditures, or to refinance existing debt obligations. It indicates the company's access to debt markets at a specific cost of borrowing (1.400% interest).

Yes, the filing states that copies of the Underwriting Agreement, the form of the Note, and legal opinions regarding the validity of the Notes are filed as exhibits to this report, making them accessible to investors.