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ATT 4Pt Guidance, Size TBA, Potentially Large

PIPELINE
  • Date $MM Issuer (Priced *, Launch #)
  • 03/19 $Benchmark ATT 4pt offering to fund Spectrum; 3NC1 +85a, 3NC1 FRN SOFR, 5NC2 +110a
  • (For comparison: ATT issued $12.5B over 5 tranches on May 21 last year: $2.5B +7Y +180, $3B 11Y +210, $2.5B 21Y +215, $3B 31Y +230, $1.5B 40Y +250)
  • 03/19 $Benchmark Athene Global Funding 7Y +135a

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