Sunday, 25 June 2017

AT&T sells $17.5bn in bonds to fund DirecTV buy

By Mary Lennighan, Total Telecom
Friday 24 April 15

U.S. telco raises target for synergies generated by planned takeover of satellite TV provider; turns in solid Q1.

AT&T this week sold $17.5 billion in bonds to help pay for its planned $48.5 billion acquisition of DirecTV, and also raised its target for synergies from the tie-up. The bond sale took place on Thursday, a day after AT&T posted a solid set of quarterly financial results…

AT&T this week sold $17.5 billion in bonds to help pay for its planned $48.5 billion acquisition of DirecTV, and also raised its target for synergies from the tie-up. The bond sale took place on Thursday, a day after AT&T posted a solid set of quarterly financial results…

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