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Share Name | Share Symbol | Market | Type |
---|---|---|---|
AT&T Inc | NYSE:T | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.18 | 1.10% | 16.49 | 16.53 | 16.29 | 16.38 | 47,738,626 | 21:58:20 |
By Colin Kellaher
AT&T Inc. (T) on Friday said it repaid and terminated a $2.5 billion term loan that it used to partially fund its $81 billion acquisition of Time Warner Inc.
In a filing with the Securities and Exchange Commission, AT&T said it repaid the loan after completing the sale of 2 billion Canadian dollars (US$1.53 billion) worth of notes.
AT&T sold C$1.25 billion 4% global notes due 2025 and C$750 million 5% global notes due 2048.
The Time Warner deal, which closed in mid-June, left AT&T with more than $180 billion in net debt.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
August 17, 2018 13:12 ET (17:12 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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