8-KOther EventsExhibits & Filings

AT&T INC. 8-K Report, Corporate Update (Jun 11, 2014)

Filed June 11, 2014For Securities:TT-PCTBBT-PA

Summary

AT&T Inc. (T) filed a Form 8-K on June 11, 2014, to report the closing of a significant debt offering. The company successfully issued €1,600,000,000 in 2.400% Global Notes due 2024 and €500,000,000 in 3.375% Global Notes due 2034. This transaction, facilitated by an Underwriting Agreement dated June 4, 2014, involved a syndicate of prominent underwriters and was conducted under a previously filed registration statement. This debt issuance indicates AT&T's proactive approach to managing its capital structure and funding needs. Investors should view this as a signal of the company's ongoing operational activities and potential for future investments or debt management. The specific terms of the notes, including their interest rates and maturity dates, provide insights into the cost of capital for AT&T at that time and its long-term financial strategy.

Key Highlights

  • 1AT&T Inc. closed the sale of €1.6 billion in 2.400% Global Notes due 2024.
  • 2AT&T Inc. closed the sale of €0.5 billion in 3.375% Global Notes due 2034.
  • 3The total aggregate principal amount of the notes issued was €2.1 billion.
  • 4The debt issuance occurred on June 11, 2014, under an Underwriting Agreement dated June 4, 2014.
  • 5The Notes were issued pursuant to an Indenture dated May 15, 2013, with The Bank of New York Mellon Trust Company, N.A. as Trustee.
  • 6The Notes were registered under the Securities Act of 1933 via a Form S-3 Registration Statement previously filed with the SEC.
  • 7Key legal and underwriting documents, including the Underwriting Agreement and forms of the Notes, are filed as exhibits.

Frequently Asked Questions

This Form 8-K is primarily filed to report the closing of AT&T's debt offering, specifically the sale of €2.1 billion in Global Notes due in 2024 and 2034.

AT&T raised a total of €2.1 billion through the issuance of its 2.400% Global Notes due 2024 (€1.6 billion) and 3.375% Global Notes due 2034 (€0.5 billion).

This issuance suggests AT&T is actively managing its capital structure, potentially to fund operations, investments, or refinance existing debt. It provides insight into the company's cost of capital for long-term financing at that time.

This particular filing (Item 9.01) lists exhibits related to the debt issuance, such as the underwriting agreement and forms of the notes, but does not include separate financial statements. The transaction was conducted under a previously filed registration statement.