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AT&T Taps High-Grade Bond Market to Sell $5 Billion of Bonds

An AT&T store in New York, US, on Monday, Oct. 21, 2024. AT&T Inc. is scheduled to release earnings figures on October 23. Photographer: Gabby Jones/Bloomberg AT&T Inc. sold 5billionofinvestmentgradedebtonThursday,weeksafteritagreedtoa5 billion of investment-grade debt on Thursday, weeks after it agreed to a 23 billion investment to expand its network. The telecommunications company offered notes in four parts, according to a person familiar with the matter. The longest portion of the deal, a 29-year note, yields around 1 percentage point over Treasuries, the pe ...