Summary
AT&T Inc. (T) filed a Form 8-K on November 25, 2013, to report on the closing of its sale of CDN$1,000,000,000 principal amount of 3.825% Global Notes due 2020. This transaction, facilitated by an underwriting agreement with RBC Dominion Securities Inc. and TD Securities Inc., represents a debt issuance by the company. The notes were issued under an indenture dated May 15, 2013, and were registered under the Securities Act of 1933. This filing provides transparency to investors regarding AT&T's capital raising activities and debt structure. The company has also filed supporting documentation, including the underwriting agreement, the form of the note, and legal opinions, which are incorporated by reference into its registration statement.
Key Highlights
- 1AT&T Inc. successfully closed the sale of CDN$1,000,000,000 of 3.825% Global Notes due 2020.
- 2The debt issuance occurred on November 25, 2013.
- 3RBC Dominion Securities Inc. and TD Securities Inc. acted as the underwriters for this offering.
- 4The notes were issued under an indenture dated May 15, 2013.
- 5The Global Notes are due to mature in 2020.
- 6The issuance was registered under the Securities Act of 1933 via a Form S-3 registration statement.
- 7The filing includes exhibits such as the underwriting agreement, form of note, and legal opinions.
Frequently Asked Questions
The primary purpose of this 8-K filing was to report the closing of AT&T's sale of CDN$1,000,000,000 in 3.825% Global Notes due 2020, and to file related documentation.
AT&T raised CDN$1,000,000,000 (Canadian Dollars) through the issuance of these Global Notes.
The Global Notes are due to mature in the year 2020.
The filing indicates the presence of an Underwriting Agreement dated November 14, 2013, the form of the Global Note due 2020, and legal opinions from AT&T's General Counsel regarding the validity of the notes.