AT&T Co sold $500m of 12-year notes due June 1 2006 with a coupon of 7.5% to raise cash to reduce its commercial paper balance and for working capital. The sale was handled by an underwriting group led by Morgan Stanley & Co Inc with C S First Boston, Goldman Sachs & Co, Lehman Brothers, […]
AT&T Co sold $500m of 12-year notes due June 1 2006 with a coupon of 7.5% to raise cash to reduce its commercial paper balance and for working capital. The sale was handled by an underwriting group led by Morgan Stanley & Co Inc with C S First Boston, Goldman Sachs & Co, Lehman Brothers, Merrill Lynch & Co and Salomon Brothers Inc as co-managers.
