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Wireless

AT&T selling bonds in euros to fund DirecTV deal - report

Thursday 5 June 2014 | 15:30 CET | News
One day after selling USD 2 billion of notes, AT&T is marketing bonds in Europe to help the company finance its proposed USD 48.5 billion acquisition of DirecTV, reported Bloomberg. AT&T is issuing a total 2.1 billion euros (USD 2.9 billion) of securities maturing in ten years and twenty years, according to a person familiar with the sale. The company sold 30-year bonds to US investors on 3 June to yield about 4.8 percent, data compiled by Bloomberg show. 

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Categories: Mobile & Wireless
Companies: Comcast / DirecTV / Time Warner Cable
Countries: World
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