AT&T has raised $5 billion through a sale of bonds, The Wall Street Journal reports. The Dallas-based telecommunication services provider appointed Barclays and JPMorgan Chase to manage its offering.
The $1.5 billion notes sold in the first tranche are due to mature in 2016, while the $1.5 billion sold in the second part is set to mature in 2021. The $2 billion notes sold in the third piece are due to mature in 30 years. The company intends to use the proceeds for general corporate purposes.
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