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AT&T Is Raising $12.5 Billion In Another Bond Sale To Refinance Oustanding Debt

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deadline.com
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By Jill Goldsmith WarneMedia parent AT&T is raising $12.5 billion in its second bond sale in a week that it will use to retire outstanding debt.

the company said in an SEC filing Friday. It’s selling five tranches of global notes for, respectively, $1.5 billion, $2.5 billion (two tranches) and $3 billion (two tranches) due starting 2027 through 2060.

AT&T intends to use the proceeds for the early redemption or repayment of the outstanding debt, and to pay related premiums, accrued interest and

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