Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4, 2019 €3,000,000,000 AT&T Inc. €1,000,000,000 0.250% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually on March 4, commencing on March 4, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.
Appears in 1 contract
Samples: Underwriting Agreement (At&t Inc.)
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4February 12, 2019 €3,000,000,000 2020 AT&T Inc. €1,000,000,000 0.250% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2,000,000,000 Fixed Rate Reset Perpetual Preferred Securities, Series B ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 Fixed Rate Reset Perpetual Preferred Securities, Series B (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 NotesPreferred Securities”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE PRICING DATE: September 4February 12, 2019 2020 SETTLEMENT DATE (T+5): September 11T+3) February 18, 2019 2020* MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFEREDPerpetual NUMBER OF PREFERRED SECURITIES: 2026 Notes20,000 STATED AMOUNT/LIQUIDATION PREFERENCE: €1,000,000,000 2030 Notes: 100,000 per Preferred Security; €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps 2,000,000,000 total PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes€100,000 per Preferred Security UNDERWRITING DISCOUNT: €994,110,000 2030 Notes: 700 per Preferred Security NET PROCEEDS (BEFORE EXPENSES): €1,242,762,500 2039 Notes: 99,300 per Preferred Security; €741,262,500 1,986,000,000 total USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agentGeneral corporate purposes. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters $1,200,000 DISTRIBUTION RATES: The Preferred Securities will pay distributions equal to: • from the issue date to, but excluding, May 1, 2025 (the “First Reset Date”): an annual rate equal to reimburse $1,500,000 2.875% of AT&T’s expenses. INTEREST RATEthe stated amount per Preferred Security; • from and including the First Reset Date to, but excluding, May 1, 2030: 2026 Notesan annual rate equal to the 5-year Swap Rate (as defined below) plus 3.140% of the stated amount per Preferred Security; • for each Subsequent Reset Date from and including May 1, 2030 to, but excluding, May 1, 2045: 0.250an annual rate equal to the 5-year Swap Rate plus 3.390% of the stated amount per annum 2030 NotesPreferred Security; and • for each Subsequent Reset Date from and after May 1, 2045: 0.800an annual rate equal to the 5-year Swap Rate plus 4.140% of the stated amount per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually on March 4, commencing on March 4, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereofPreferred Security.
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4February 13, 2019 €3,000,000,000 U.S.$5,000,000,000 AT&T Inc. €1,000,000,000 0.250U.S.$3,000,000,000 4.350% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.8002029 U.S.$2,000,000,000 4.850% GLOBAL NOTES DUE 2039 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.2504.350% Global Notes due 2026 2029 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 2029 Notes”) and 1.8004.850% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 2029 Notes, the “Notes”) TRADE DATE: September 4February 13, 2019 SETTLEMENT DATE (T+5T+3): September 11February 19, 2019 MATURITY DATE: March 41, 2026 2029, at par, for the 2026 2029 Notes March 41, 2030 for the 2030 Notes September 142039, 2039 at par, for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 $3,000,000,000 for the 2029 Notes $2,000,000,000 for the 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps Notes PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes99.508% for the 2029 Notes 95.291% for the 2039 Notes GROSS SPREAD: 99.6860.400% 2030 Notes: 99.771for the 2029 Notes 0.600% for the 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps Notes PRICE TO AT&T: 2026 Notes: 99.41199.108% 2030 Notes: 99.421for the 2029 Notes 94.691% for the 2039 Notes: 98.835% Notes NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 $2,973,240,000 for the 2029 Notes $1,893,820,000 for the 2039 Notes: €741,262,500 Notes USE OF PROCEEDS: Proceeds, together with approximately $2 billion in cash on hand, will be used to redeem or repay approximately $4 billion aggregate principal amount of senior notes issued by AT&T intends and/or one or more of its subsidiaries and to pay related premiums, accrued interest and fees and expenses associated with such redemption or repayment, and to use these the excess proceeds to pay down all amounts outstanding under its $3.55 billion term loan credit agreementthe Tranche A Facility under AT&T’s Term Loan Credit Agreement, dated as of November 2015, 20182016, with Bank of AmericaJPMorgan Chase Bank, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 2,250,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.2504.350% per annum 2030 Notes: 0.800for the 2029 Notes 4.850% per annum for the 2039 Notes: 1.800% per annum Notes INTEREST PAYMENT DATES: Annually Semiannually on each March 4, commencing on March 4, 2020, for the 2026 Notes 1 and the 2030 Notes. Annually on September 141, commencing on September 141, 2020, for the 2039 Notes2019. DENOMINATIONS: Minimum of €100,000 $2,000 and integral multiples of €$1,000 thereafter OPTIONAL REDEMPTION: Each series of the Notes may be redeemed at any time prior to the applicable Par Call Date (as set forth in excess the table below), as a whole or in part, at our option, at any time and from time to time on at least 30 days’, but not more than 60 days’, prior notice at a make-whole call equal to the greater of (i) 100% of the principal amount of the Notes of such series to be redeemed or (ii) the sum of the present values of the remaining scheduled payments of principal and interest discounted to the redemption date, on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months), at a rate equal to the sum of the Treasury Rate plus a number of basis points equal to the applicable Make-Whole Spread (as set forth in the table below). Each series of the Notes may be redeemed at any time on or after the applicable Par Call Date, as a whole or in part, at our option, at any time and from time to time on at least 30 days’, but not more than 60 days’, prior notice at a redemption price equal to 100% of the principal amount of such series of the Notes to be redeemed. Accrued interest will be payable to the redemption date. Series Par Call Date Make-Whole Spread 2029 Notes December 1, 2028 30 bps 2039 Notes September 1, 2038 35 bps TAX GROSS UP: Comparable to prior AT&T transactions. TAX CALL: Comparable to prior AT&T transactions. INDENTURE AND RANKING: The Notes will be issued under an indenture, dated as of May 15, 2013, between AT&T and The Bank of New York Mellon Trust Company, N.A., as trustee. The Notes will be AT&T’s unsecured and unsubordinated obligations and will rank pari passu with all other indebtedness issued under the indenture. RATINGS: [Intentionally Omitted] JOINT BOOKRUNNERS: BNP Paribas Securities Corp., Xxxxxxx Xxxxx & Co LLC, Xxxxxx Xxxxxxx & Co. LLC and Xxxxx Fargo Securities, LLC BBVA Securities Inc., Commerz Markets LLC, Loop Capital Markets LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., Santander Investment Securities Inc., SG Americas Securities, LLC and SMBC Nikko Securities America, Inc. SENIOR CO-MANAGERS: Academy Securities, Inc., HSBC Securities (USA) Inc., ICBC Standard Bank Plc and Scotia Capital (USA) Inc. CO-MANAGERS: X.X. Xxxx & Associates, Inc., Xxxxxxx Capital Markets, LLC, CastleOak Securities, L.P., Xxxxxx Xxxxxxxx, LLC, MFR Securities, Inc., Xxxxxx X. Xxxxxxx & Company, Inc., Xxxxxxx Xxxxxxxx Xxxxx & Co., L.L.C. and The Xxxxxxxx Capital Group, L.P. CUSIP NUMBER: 00206R HJ4 for the 2029 Notes 00206R HK1 for the 2039 Notes ISIN NUMBER: US00206RHJ41 for the 2029 Notes US00206RHK14 for the 2039 Notes REFERENCE DOCUMENT: Preliminary Prospectus Supplement, dated February 13, 2019; Prospectus, dated February 25, 2016 THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING XXXXX ON THE SEC WEB SITE AT XXX.XXX.XXX. ALTERNATIVELY, THE ISSUER, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING BNP PARIBAS SECURITIES CORP. AT 0-000-000-0000 (TOLL FREE), XXXXXXX SACHS & CO. LLC AT 0-000-000-0000 (TOLL FREE), XXXXXX SECURITIES LLC AT (000) 000-0000 (COLLECT) OR XXXXXX XXXXXXX & CO. LLC AT 0-000-000-0000 (TOLL FREE) OR XXXXX FARGO SECURITIES, LLC AT 0-000-000-0000 (TOLL FREE). ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. A SECURITIES RATING IS NOT A RECOMMENDATION TO BUY, SELL OR HOLD SECURITIES AND MAY BE REVISED OR WITHDRAWN AT ANY TIME. EXHIBIT A AT&T INC. DELAYED DELIVERY CONTRACT , 201 AT&T Inc. 000 X. Xxxxx Street Dallas, Texas 75202 Ladies and Gentlemen: The undersigned hereby agrees to purchase from AT&T Inc., a Delaware corporation (the “Company”), and the Company hereby agrees to sell to the undersigned, $ principal amount of the Company’s above-captioned securities (“Securities”), offered by the Company’s prospectus, dated , as supplemented by the prospectus supplement, dated (collectively, the “Prospectus”), receipt of a copy of which is hereby acknowledged, at a purchase price of % of the principal amount thereof plus accrued interest from to the Delivery Date (as defined in the next paragraph) and on the further terms and conditions set forth in this Contract. Payment for and delivery of the Securities to be purchased by the undersigned shall be made on , 20 , herein called the “Delivery Date”. At 10:00 A.M., New York time, on the Delivery Date, the Securities to be purchased by the undersigned hereunder will be delivered by the Company to the undersigned, and the undersigned will accept delivery of such Securities and will make payment to the Company of the purchase price therefore at the office of The Bank of New York Mellon Trust Company, N.A. Payment will be by certified or official bank check or wire transfer payable in Federal (same day) funds settled through the New York Clearing House, or such other Clearing House as the Company may designate, to or upon the order of the Company. The Securities will be delivered in such authorized forms and denominations and registered in such names as the undersigned may designate by written or telegraphic communication addressed to the Company not less than two full business days prior to the Delivery Date or, if the undersigned fails to make a timely designation in the foregoing manner, in the form of one definitive fully registered certificate representing the Securities in the above principal amount, registered in the name of the undersigned. This Contract will terminate and be of no further force and effect after , 20 , unless (i) on or before such date it shall have been executed and delivered by both parties hereto and (ii) the Company shall have sold to the Underwriters named in the Prospectus the Immediate Delivery Underwritten Securities (as defined in the Underwriting Agreement referred to in the Prospectus). The Company will mail or deliver to the undersigned at its address set forth below a notice to that effect, stating the date of the occurrence thereof., accompanied by copies of the opinion of counsel for the Company delivered to such Underwriters pursuant to Paragraph 11(d) of the Underwriting Agreement. The obligation of the undersigned to accept delivery of and make payment for the Securities on the Delivery Date will be subject to the condition that the Securities shall not, on the Delivery Date, be an investment prohibited by the laws of the jurisdiction to which the undersigned is subject, the undersigned hereby representing that such an investment is not so prohibited on the date hereof. This Contract will inure to the benefit of and be binding upon the parties hereto and their respective successors but will not be assignable by either party hereto without the written consent of the other. This Contract may be executed by any of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the same instrument. It is understood that acceptance of any Delayed Delivery Contract (as defined in said Underwriting Agreement) is in the Company’s sole discretion and, without limiting the foregoing, need not be on a first-come, first-served basis. If this Contract is acceptable to the Company, it is requested that the Company sign the form of acceptance below and mail or deliver one of the counterparts hereof to the undersigned at its address set forth below. This will become a binding contract between the Company and the undersigned when such counterpart is so mailed or delivered. Very truly yours, By Title Address Accepted as of , 20 AT&T INC. By Title:
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly indirectly, in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business it is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six 6 months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant Filed Pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04Rule 433 Registration No. 333-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV 118476 Final Term Sheet September 4May 15, 2019 €3,000,000,000 2006 SCHEDULE IV $1,500,000,000 AT&T Inc. €1,000,000,000 0.250% GLOBAL $900,000,000 FLOATING RATE NOTES DUE 2026 €1,250,000,000 0.8002008 $600,000,000 6.8% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2036 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually on March 4, commencing on March 4, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.Inc.
Appears in 1 contract
Samples: Underwriting Agreement (At&t Inc.)
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are (a) accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are (b) permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations, and (c) not individuals. SCHEDULE IV Final Term Sheet September 4May 19, 2019 2020 €3,000,000,000 AT&T Inc. €1,000,000,000 0.2501,750,000,000 1.600% GLOBAL NOTES DUE 2026 2028 €1,250,000,000 0.800750,000,000 2.050% GLOBAL NOTES DUE 2030 2032 €750,000,000 1.800500,000,000 2.600% GLOBAL NOTES DUE 2039 2038 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.2501.600% Global Notes due 2026 2028 (the “2026 2028 Notes”), 0.8002.050% Global Notes due 2030 2032 (the “2030 2032 Notes”) and 1.8002.600% Global Notes due 2039 2038 (the “2039 2038 Notes” and, together with the 2026 2028 Notes and the 2030 2032 Notes, the “Notes”) TRADE DATE: September 4May 19, 2019 2020 SETTLEMENT DATE (T+5*): September 11May 27, 2019 2020 MATURITY DATE: March 4May 19, 2026 2028 for the 2026 2028 Notes March 4May 19, 2030 2032 for the 2030 2032 Notes September 14May 19, 2039 2038 for the 2039 2038 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 2028 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 1,750,000,000 2032 Notes: €750,000,000 2038 Notes: €500,000,000 REFERENCE EUR MIDSWAP RATE: 2026 2028 Notes: -0.451-0.190% 2030 2032 Notes: -0.227-0.061% 2039 2038 Notes: 0.0900.054% REOFFER SPREAD TO EUR MIDSWAP: 2026 2028 Notes: + 75 +180 bps 2030 2032 Notes: + 105 +213 bps 2039 2038 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually on March 4, commencing on March 4, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.+255 bps
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Filed Pursuant to Rule 433 Registration No. 333-165543 Final Term Sheet September 4March 6, 2019 2013 €3,000,000,000 1,650,000,000 AT&T Inc. €1,000,000,000 0.2501,250,000,000 2.500% GLOBAL NOTES DUE 2026 2023 €1,250,000,000 0.800400,000,000 3.550% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2032 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.2502.500% Global Notes due 2026 2023 (the “2026 2023 Notes”), 0.800) and 3.550% Global Notes due 2030 2032 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 2032 Notes” and, together with the 2026 Notes and the 2030 2023 Notes, the “Notes”) TRADE DATE: September 4Xxxxx 0, 2019 SETTLEMENT DATE 0000 XXXXXXXXXX DATE: March 13, 2013 (T+5): September 11, 2019 ) MATURITY DATE: March 415, 2026 2023 for the 2026 2023 Notes March 4December 17, 2030 2032 for the 2030 Notes September 14, 2039 for the 2039 2032 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 2023 Notes: €1,250,000,000 2039 2032 Notes: €750,000,000 400,000,000 REOPENING: The 2032 Notes constitute a further issuance of, and will form a single series with, the €1,000,000,000 3.550% Global Notes due 2032 issued on December 17, 2012. REFERENCE EUR MIDSWAP: 2023 Notes: 10-year 2032 Notes: Interpolated 20-year REFERENCE EUR MIDSWAP RATE: 2026 2023 Notes: -0.4511.724% 2030 2032 Notes: -0.227% 2039 Notes: 0.0902.323% REOFFER SPREAD TO EUR MIDSWAP: 2026 2023 Notes: + 75 bps 2030 80bps 2032 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually on March 4, commencing on March 4, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.125bps
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4August 8, 2019 €3,000,000,000 2018 CAD$2,000,000,000 AT&T Inc. €1,000,000,000 0.250CAD$1,250,000,000 4.000% GLOBAL NOTES DUE 2026 €1,250,000,000 0.8002025 CAD$750,000,000 5.100% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2048 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.2504.000% Global Notes due 2026 2025 (the “2026 2025 Notes”), 0.800) 5.100% Global Notes due 2030 2048 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “2048 Notes”) TRADE DATE: September 4Xxxxxx 0, 2019 SETTLEMENT DATE (T+5): September 110000 XXXXXXXXXX DATE: August 17, 2019 2018 MATURITY DATE: March 4November 25, 2026 2025 for the 2026 2025 Notes March 4November 25, 2030 2048 for the 2030 Notes September 14, 2039 for the 2039 2048 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps CAD$1,250,000,000 for the 2025 Notes CAD$750,000,000 for the 2048 Notes PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.68699.736% 2030 Notes: 99.771for the 2025 Notes 99.488% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps for the 2048 Notes PRICE TO AT&T: 2026 Notes: 99.41199.366% 2030 Notes: 99.421for the 2025 Notes 98.988% 2039 Notes: 98.835% for the 2048 Notes NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 CAD$1,242,075,000 for the 2025 Notes CAD$742,410,000 for the 2048 Notes USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expensesGeneral corporate purposes. INTEREST RATE: 2026 Notes: 0.2504.000% per annum 2030 Notes: 0.800for the 2025 Notes 5.100% per annum 2039 Notes: 1.800% per annum for the 2048 Notes INTEREST PAYMENT DATES: Annually Semiannually on March 4each May 25 and November 25, in equal installments, commencing on March 4November 25, 2020, 2018 for the 2026 2025 Notes and the 2030 2048 Notes. Annually For an interest period that is not a full semi-annual interest period, other than in respect of any regular semi-annual coupon payments, interest will be computed on September 14, commencing on September 14, 2020, for the 2039 Notesbasis of a 365-day year and the actual number of days in such interest period (also known as Actual/Actual Canadian Compound Method). DENOMINATIONS: Minimum of €100,000 CAD$150,000 and integral multiples of €1,000 CAD$1,000 thereafter BUSINESS DAY: A business day in excess thereof.The City of New York and Toronto OPTIONAL REDEMPTION: Each series of Notes may be redeemed at any time prior to the applicable Par Call Date (as set forth in the table below), in whole or from time to time in part, at a make-whole call equal to the greater of (i) 100% of the principal amount of the Notes of such series to be redeemed or (ii) a price equal to the price which, if the Notes being redeemed were to be issued at such price on the date of redemption, would provide a yield thereon from the date of redemption to their Par Call Date equal to the Government of Canada Yield plus the applicable Make-Whole Spread (as set forth in the table below), calculated on the third business day preceding the date of redemption of the Notes. Each series of Notes may be redeemed at any time on or after the applicable Par Call Date, in whole or from time in time in part, at a redemption price equal to 100% of the principal amount of such series of Notes to be redeemed. In each case, accrued but unpaid interest will be payable to the redemption date. Series Par Call Date Make-Whole Spread 2025 Notes September 25, 2025 42.5 bps 2048 Notes May 25, 2048 69 bps
Appears in 1 contract
Samples: Underwriting Agreement (At&t Inc.)
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4July 30, 2019 2018 €3,000,000,000 2,250,000,000 AT&T Inc. €1,000,000,000 0.250% 2,250,000,000 FLOATING RATE GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2020 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Floating Rate Global Notes due 2026 2020 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4July 30, 2019 2018 SETTLEMENT DATE (T+5T+4): September 11Xxxxxx 0, 2019 MATURITY 0000 XXXXXXXX DATE: March 4August 3, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes 2020 AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps 2,250,000,000 PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes100.200% GROSS SPREAD: 99.6860.150% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835100.050% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 2,251,125,000 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agentGeneral corporate purposes. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 750,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually Applicable EURIBOR Rate (based on March 4, commencing the three-month EURIBOR) plus 40 basis points. The interest rate on March 4, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 will in excess thereofno event be lower than zero.
Appears in 1 contract
Samples: Underwriting Agreement (At&t Inc.)
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has we have determined, and hereby notifies notify all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that (a) are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and (b) are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations, and (c) are not individuals. SCHEDULE IV Final Term Sheet September 4February 12, 2019 €3,000,000,000 2020 AT&T Inc. €1,000,000,000 0.25070,000,000 Depositary Shares, Each Representing a 1/1000th Interest in a Share of 4.750% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 Perpetual Preferred Stock, Series C ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually on March 4, commencing on March 4, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.Inc.
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4, 2019 €3,000,000,000 [ Date ] U.S.$ AT&T Inc. €1,000,000,000 0.250% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 [ Title of Debt Securities ] ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 [ Title of debt securities ] (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5T+[●]): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 NotesGROSS SPREAD: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually DENOMINATIONS: OPTIONAL REDEMPTION: TAX GROSS UP: TAX CALL: INDENTURE AND RANKING: RATINGS: JOINT BOOKRUNNERS: CUSIP NUMBER: REFERENCE DOCUMENT: THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING XXXXX ON THE SEC WEB SITE AT XXX.XXX.XXX. ALTERNATIVELY, THE ISSUER, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING TOLL-FREE [ REPRESENTATIVE ] AT 1-(800) . ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. A SECURITIES RATING IS NOT A RECOMMENDATION TO BUY, SELL OR HOLD SECURITIES AND MAY BE REVISED OR WITHDRAWN AT ANY TIME. EXHIBIT A AT&T INC. DELAYED DELIVERY CONTRACT , 20 AT&T Inc. 000 X. Xxxxx Street Dallas, Texas 75202 Ladies and Gentlemen: The undersigned hereby agrees to purchase from AT&T Inc., a Delaware corporation (the “Company”), and the Company hereby agrees to sell to the undersigned, $ principal amount of the Company’s above-captioned securities (“Securities”), offered by the Company’s prospectus, dated , as supplemented by the prospectus supplement, dated (collectively, the “Prospectus”), receipt of a copy of which is hereby acknowledged, at a purchase price of % of the principal amount thereof plus accrued interest from to the Delivery Date (as defined in the next paragraph) and on March 4the further terms and conditions set forth in this Contract. Payment for and delivery of the Securities to be purchased by the undersigned shall be made on , commencing 20___, herein called the “Delivery Date”. At 10:00 A.M., New York time, on March 4the Delivery Date, 2020the Securities to be purchased by the undersigned hereunder will be delivered by the Company to the undersigned, and the undersigned will accept delivery of such Securities and will make payment to the Company of the purchase price therefore at the office of The Bank of New York Mellon Trust Company, N.A. Payment will be by certified or official bank check or wire transfer payable in Federal (same day) funds settled through the New York Clearing House, or such other Clearing House as the Company may designate, to or upon the order of the Company. The Securities will be delivered in such authorized forms and denominations and registered in such names as the undersigned may designate by written or telegraphic communication addressed to the Company not less than two full business days prior to the Delivery Date or, if the undersigned fails to make a timely designation in the foregoing manner, in the form of one definitive fully registered certificate representing the Securities in the above principal amount, registered in the name of the undersigned. This Contract will terminate and be of no further force and effect after , 20___, unless (i) on or before such date it shall have been executed and delivered by both parties hereto and (ii) the Company shall have sold to the Underwriters named in the Prospectus the Immediate Delivery Underwritten Securities (as defined in the Underwriting Agreement referred to in the Prospectus). The Company will mail or deliver to the undersigned at its address set forth below a notice to that effect, stating the date of the occurrence thereof, accompanied by copies of the opinion of counsel for the 2026 Notes Company delivered to such Underwriters pursuant to Paragraph 11(d) of the Underwriting Agreement. The obligation of the undersigned to accept delivery of and make payment for the Securities on the Delivery Date will be subject to the condition that the Securities shall not, on the Delivery Date, be an investment prohibited by the laws of the jurisdiction to which the undersigned is subject, the undersigned hereby representing that such an investment is not so prohibited on the date hereof. This Contract will inure to the benefit of and be binding upon the parties hereto and their respective successors but will not be assignable by either party hereto without the written consent of the other. This Contract may be executed by any of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the 2030 Notessame instrument. Annually It is understood that acceptance of any Delayed Delivery Contract (as defined in said Underwriting Agreement) is in the Company’s sole discretion and, without limiting the foregoing, need not be on September 14a first-come, commencing on September 14first-served basis. If this Contract is acceptable to the Company, 2020it is requested that the Company sign the form of acceptance below and mail or deliver one of the counterparts hereof to the undersigned at its address set forth below. This will become a binding contract between the Company and the undersigned when such counterpart is so mailed or delivered. Very truly yours, for the 2039 NotesBy Title Address Accepted as of , 20 AT&T INC. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.By
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant Filed Pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04Rule 433 Registration No. 333-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV 118476 Final Term Sheet September 4February 1, 2019 €3,000,000,000 2007 SCHEDULE IV $500,000,000 AT&T Inc. €1,000,000,000 0.250$500,000,000 5.625% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2016 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.2505.625% Global Notes due 2026 2016 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Fixed Rate Notes”) TRADE DATE: September 4February 1, 2019 2007 SETTLEMENT DATE (T+5T+3): September 11February 6, 2019 2007 MATURITY DATE: March 4June 15, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes 2016 AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps $500,000,000 PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes99.254% GROSS SPREAD: 99.6860.450% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&TAT&T INC.: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.83598.804% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. 494,020,000 UNDERWRITERS’ REIMBURSEMENT OF AT&TAT&T INC.’S EXPENSES: Underwriters to reimburse $1,500,000 120,000 of AT&TAT&T Inc.’s expenses. expenses INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.8005.625% per annum INTEREST PAYMENT DATES: Annually Semi-annually on March 4each June 15 and December 15, commencing on March 4June 15, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. 2007 DENOMINATIONS: Minimum of €100,000 $2,000 and integral multiples of €$1,000 thereafter OPTIONAL REDEMPTION: At any time, in excess whole or in part, at a make-whole call equal to the greater of (i) 100% of the principal amount of the Fixed Rate Notes to be redeemed or (ii) the sum of the present values of the remaining scheduled payments of principal and interest discounted to the redemption date, on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months), at a rate equal to the sum of the Treasury Rate plus 20 basis points. JOINT BOOKRUNNERS: Banc of America Securities LLC, Uxxxxxxx Capital Group, L.L.C. and The Wxxxxxxx Capital Group, L.X. ALLOCATION: Fixed Rate Notes Banc of America Securities LLC $ 120,002,000 Uxxxxxxx Capital Group, L.L.C. $ 120,000,000 The Wxxxxxxx Capital Group, L.P. $ 120,000,000 ABN AMRO Incorporated $ 23,333,000 Deutsche Bank Securities Inc. $ 23,333,000 Loop Capital Markets, LLC $ 23,333,000 Sxxxxx X. Xxxxxxx & Co., Inc. $ 23,333,000 CastleOak Securities, L.P. $ 23,333,000 Mxxxxx Xxxxxxx & Co., Inc. $ 23,333,000 U.S.$500,000,000 REFERENCE DOCUMENT: Prospectus Supplement dated February 1, 2007; Prospectus dated May 24, 2005. THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING EXXXX ON THE SEC WEB SITE AT WXX.XXX.XXX. ALTERNATIVELY, THE ISSUER, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING TOLL-FREE BANC OF AMERICA SECURITIES LLC AT 1-(800)-294-1322. ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. EXHIBIT A AT&T INC. DELAYED DELIVERY CONTRACT , 200 AT&T Inc. 100 X. Xxxxxxx Street San Antonio, Texas 78205-2233 Ladies and Gentlemen: The undersigned hereby agrees to purchase from AT&T Inc., a Delaware corporation (the “Company”), and the Company hereby agrees to sell to the undersigned, $ principal amount of the Company’s above-captioned securities (“Securities”), offered by the Company’s prospectus, dated , as supplemented by the prospectus supplement, dated (collectively, the “Prospectus”), receipt of a copy of which is hereby acknowledged, at a purchase price of % of the principal amount thereof plus accrued interest from to the Delivery Date (as defined in the next paragraph) and on the further terms and conditions set forth in this Contract. Payment for and delivery of the Securities to be purchased by the undersigned shall be made on , 200 , herein called the “Delivery Date”. At 10:00 A.M., New York time, on the Delivery Date, the Securities to be purchased by the undersigned hereunder will be delivered by the Company to the undersigned, and the undersigned will accept delivery of such Securities and will make payment to the Company of the purchase price therefore at the office of The Bank of New York. Payment will be by certified or official bank check or wire transfer payable in Federal (same day) funds settled through the New York Clearing House, or such other Clearing House as the Company may designate, to or upon the order of the Company. The Securities will be delivered in such authorized forms and denominations and registered in such names as the undersigned may designate by written or telegraphic communication addressed to the Company not less than two full business days prior to the Delivery Date or, if the undersigned fails to make a timely designation in the foregoing manner, in the form of one definitive fully registered certificate representing the Securities in the above principal amount, registered in the name of the undersigned. This Contract will terminate and be of no further force and effect after , 200 , unless (i) on or before such date it shall have been executed and delivered by both parties hereto and (ii) the Company shall have sold to the Underwriters named in the Prospectus the Immediate Delivery Underwritten Securities (as defined in the Underwriting Agreement referred to in the Prospectus). The Company will mail or deliver to the undersigned at its address set forth below a notice to that effect, stating the date of the occurrence thereof., accompanied by copies of the opinion of counsel for the Company delivered to such Underwriters pursuant to Paragraph 11(d) of the Underwriting Agreement. The obligation of the undersigned to accept delivery of and make payment for the Securities on the Delivery Date will be subject to the condition that the Securities shall not, on the Delivery Date, be an investment prohibited by the laws of the jurisdiction to which the undersigned is subject, the undersigned hereby representing that such an investment is not so prohibited on the date hereof. This Contract will inure to the benefit of and be binding upon the parties hereto and their respective successors but will not be assignable by either party hereto without the written consent of the other. This Contract may be executed by any of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the same instrument. It is understood that acceptance of any Delayed Delivery Contract (as defined in said Underwriting Agreement) is in the Company’s sole discretion and, without limiting the foregoing, need not be on a first-come, first-served basis. If this Contract is acceptable to the Company, it is requested that the Company sign the form of acceptance below and mail or deliver one of the counterparts hereof to the undersigned at its address set forth below. This will become a binding contract between the Company and the undersigned when such counterpart is so mailed or delivered. Very truly yours, By Title Address Accepted as of , 200 AT&T INC. By Title:
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant Filed Pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products)Rule 433 Registration No. Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV 333-[·] Final Term Sheet September 4, 2019 €3,000,000,000 [Date] SCHEDULE IV U.S.$ AT&T Inc. €1,000,000,000 0.250% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 [Title of Debt Securities] ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 [Title of debt securities] (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5T+3): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 NotesGROSS SPREAD: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&TAT&T INC.: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&TAT&T INC.’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually DENOMINATIONS: OPTIONAL REDEMPTION: JOINT BOOKRUNNERS: ALLOCATION: Notes U.S.$ REFERENCE DOCUMENT: THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING XXXXX ON THE SEC WEB SITE AT XXX.XXX.XXX. ALTERNATIVELY, THE ISSUER, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING TOLL-FREE [REPRESENTATIVE] AT 1-(800)- - . ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. EXHIBIT A AT&T INC. DELAYED DELIVERY CONTRACT , 200 AT&T Inc. 000 X. Xxxxxxx Street San Antonio, Texas 78205-2233 Ladies and Gentlemen: The undersigned hereby agrees to purchase from AT&T Inc., a Delaware corporation (the “Company”), and the Company hereby agrees to sell to the undersigned, $ principal amount of the Company’s above-captioned securities (“Securities”), offered by the Company’s prospectus, dated , as supplemented by the prospectus supplement, dated (collectively, the “Prospectus”), receipt of a copy of which is hereby acknowledged, at a purchase price of % of the principal amount thereof plus accrued interest from to the Delivery Date (as defined in the next paragraph) and on March 4the further terms and conditions set forth in this Contract. Payment for and delivery of the Securities to be purchased by the undersigned shall be made on , commencing 200 , herein called the “Delivery Date”. At 10:00 A.M., New York time, on March 4the Delivery Date, 2020the Securities to be purchased by the undersigned hereunder will be delivered by the Company to the undersigned, and the undersigned will accept delivery of such Securities and will make payment to the Company of the purchase price therefore at the office of The Bank of New York. Payment will be by certified or official bank check or wire transfer payable in Federal (same day) funds settled through the New York Clearing House, or such other Clearing House as the Company may designate, to or upon the order of the Company. The Securities will be delivered in such authorized forms and denominations and registered in such names as the undersigned may designate by written or telegraphic communication addressed to the Company not less than two full business days prior to the Delivery Date or, if the undersigned fails to make a timely designation in the foregoing manner, in the form of one definitive fully registered certificate representing the Securities in the above principal amount, registered in the name of the undersigned. This Contract will terminate and be of no further force and effect after , 200 , unless (i) on or before such date it shall have been executed and delivered by both parties hereto and (ii) the Company shall have sold to the Underwriters named in the Prospectus the Immediate Delivery Underwritten Securities (as defined in the Underwriting Agreement referred to in the Prospectus). The Company will mail or deliver to the undersigned at its address set forth below a notice to that effect, stating the date of the occurrence thereof, accompanied by copies of the opinion of counsel for the 2026 Notes Company delivered to such Underwriters pursuant to Paragraph 11(d) of the Underwriting Agreement. The obligation of the undersigned to accept delivery of and make payment for the Securities on the Delivery Date will be subject to the condition that the Securities shall not, on the Delivery Date, be an investment prohibited by the laws of the jurisdiction to which the undersigned is subject, the undersigned hereby representing that such an investment is not so prohibited on the date hereof. This Contract will inure to the benefit of and be binding upon the parties hereto and their respective successors but will not be assignable by either party hereto without the written consent of the other. This Contract may be executed by any of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the 2030 Notessame instrument. Annually It is understood that acceptance of any Delayed Delivery Contract (as defined in said Underwriting Agreement) is in the Company’s sole discretion and, without limiting the foregoing, need not be on September 14a first-come, commencing on September 14first-served basis. If this Contract is acceptable to the Company, 2020it is requested that the Company sign the form of acceptance below and mail or deliver one of the counterparts hereof to the undersigned at its address set forth below. This will become a binding contract between the Company and the undersigned when such counterpart is so mailed or delivered. Very truly yours, for the 2039 NotesBy Title Address Accepted as of , 200 AT&T INC. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.By Title:
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Filed Pursuant to Rule 433 Registration No. 333-187350 Final Term Sheet September 4May 8, 2019 €3,000,000,000 2013 AT&T Inc. €£1,000,000,000 0.2504.250% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2043 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.2504.250% Global Notes due 2026 2043 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4May 8, 2019 2013 SETTLEMENT DATE DATE: May 15, 2013 (T+5): September 11, 2019 ) MATURITY DATE: March 4June 1, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes 2043 AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €£1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 GBP 4.50% due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 December 2042 REFERENCE GOVERNMENT PRICE/RATE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77127.850 / 3.062% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 +118 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.68699.377% 2030 Notes: 99.771SEMI ANNUAL REOFFER YIELD 4.242% 2039 Notes: 99.335% ANNUAL REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.8404.287% FEES: 2026 Notes60 bps ALL-IN YIELD: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps 4.323% PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.83598.777% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 £987,770,000 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreementGeneral corporate purposes, dated as including the repayment of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agentmaturing debt. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 800,000 of AT&T’s expenses. expenses INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.8004.250% per annum INTEREST PAYMENT DATESDATE: Annually on March 4June 1, commencing on March 4June 1, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. 2014 DENOMINATIONS: Minimum of €£100,000 and integral multiples of €£1,000 in excess thereof.
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant Filed Pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04Rule 433 Registration No. 333-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV 118476 Final Term Sheet September 4February 6, 2019 €3,000,000,000 2007 SCHEDULE IV $1,150,000,000 AT&T Inc. €1,000,000,000 0.250% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually on March 4, commencing on March 4, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.Inc.
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has we have determined, and hereby notifies notify all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are (a) accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are (b) permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant ObligationsObligations and (c) not individuals. SCHEDULE IV Final Term Sheet September 4, 2019 €3,000,000,000 [ Date ] U.S.$ AT&T Inc. €1,000,000,000 0.250% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 [ Title of Debt Securities ] ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 [ Title of debt securities ] (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5T+[•]*): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 NotesGROSS SPREAD: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually DENOMINATIONS: OPTIONAL REDEMPTION: TAX GROSS UP: TAX CALL: INDENTURE AND RANKING: RATINGS: JOINT BOOKRUNNERS: CUSIP NUMBER: REFERENCE DOCUMENT: * Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to the trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes on March 4the date of pricing or the next [•] business days will be required, commencing by virtue of the fact that the Notes initially will settle in T+[•], to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement and should consult their own advisors. THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING XXXXX ON THE SEC WEB SITE AT XXX.XXX.XXX. ALTERNATIVELY, THE ISSUER, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING TOLL-FREE [ REPRESENTATIVE ] AT 1-(800). ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. A SECURITIES RATING IS NOT A RECOMMENDATION TO BUY, SELL OR HOLD SECURITIES AND MAY BE REVISED OR WITHDRAWN AT ANY TIME. EXHIBIT A AT&T INC. DELAYED DELIVERY CONTRACT , 20 AT&T Inc. 000 X. Xxxxx Street Dallas, Texas 75202 Ladies and Gentlemen: The undersigned hereby agrees to purchase from AT&T Inc., a Delaware corporation (the “Company”), and the Company hereby agrees to sell to the undersigned, $ principal amount of the Company’s above-captioned securities (“Securities”), offered by the Company’s prospectus, dated , as supplemented by the prospectus supplement, dated (collectively, the “Prospectus”), receipt of a copy of which is hereby acknowledged, at a purchase price of % of the principal amount thereof plus accrued interest from to the Delivery Date (as defined in the next paragraph) and on March 4the further terms and conditions set forth in this Contract. Payment for and delivery of the Securities to be purchased by the undersigned shall be made on , 202020___, herein called the “Delivery Date”. At 10:00 A.M., New York time, on the Delivery Date, the Securities to be purchased by the undersigned hereunder will be delivered by the Company to the undersigned, and the undersigned will accept delivery of such Securities and will make payment to the Company of the purchase price therefore at the office of The Bank of New York Mellon Trust Company, N.A. Payment will be by certified or official bank check or wire transfer payable in Federal (same day) funds settled through the New York Clearing House, or such other Clearing House as the Company may designate, to or upon the order of the Company. The Securities will be delivered in such authorized forms and denominations and registered in such names as the undersigned may designate by written or telegraphic communication addressed to the Company not less than two full business days prior to the Delivery Date or, if the undersigned fails to make a timely designation in the foregoing manner, in the form of one definitive fully registered certificate representing the Securities in the above principal amount, registered in the name of the undersigned. This Contract will terminate and be of no further force and effect after , 20___, unless (i) on or before such date it shall have been executed and delivered by both parties hereto and (ii) the Company shall have sold to the Underwriters named in the Prospectus the Immediate Delivery Underwritten Securities (as defined in the Underwriting Agreement referred to in the Prospectus). The Company will mail or deliver to the undersigned at its address set forth below a notice to that effect, stating the date of the occurrence thereof, accompanied by copies of the opinion of counsel for the 2026 Notes Company delivered to such Underwriters pursuant to Paragraph 11(d) of the Underwriting Agreement. The obligation of the undersigned to accept delivery of and make payment for the Securities on the Delivery Date will be subject to the condition that the Securities shall not, on the Delivery Date, be an investment prohibited by the laws of the jurisdiction to which the undersigned is subject, the undersigned hereby representing that such an investment is not so prohibited on the date hereof. This Contract will inure to the benefit of and be binding upon the parties hereto and their respective successors but will not be assignable by either party hereto without the written consent of the other. This Contract may be executed by any of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the 2030 Notessame instrument. Annually It is understood that acceptance of any Delayed Delivery Contract (as defined in said Underwriting Agreement) is in the Company’s sole discretion and, without limiting the foregoing, need not be on September 14a first-come, commencing on September 14first-served basis. If this Contract is acceptable to the Company, 2020it is requested that the Company sign the form of acceptance below and mail or deliver one of the counterparts hereof to the undersigned at its address set forth below. This will become a binding contract between the Company and the undersigned when such counterpart is so mailed or delivered. Very truly yours, for the 2039 NotesBy Title Address Accepted as of , 20___ AT&T INC. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.By
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4May 17, 2019 €3,000,000,000 2017 CAD$1,350,000,000 AT&T Inc. €1,000,000,000 0.250CAD$600,000,000 2.850% GLOBAL NOTES DUE 2026 €1,250,000,000 0.8002024 CAD$750,000,000 4.850% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2047 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.2502.850% Global Notes due 2026 2024 (the “2026 2024 Notes”), 0.800) 4.850% Global Notes due 2030 2047 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “2047 Notes”) TRADE DATE: September 4May 17, 2019 2017 SETTLEMENT DATE (T+5): September 11DATE: May 30, 2019 2017 MATURITY DATE: March 4May 25, 2026 2024 for the 2026 2024 Notes March 4May 25, 2030 2047 for the 2030 Notes September 14, 2039 for the 2039 2047 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps CAD$600,000,000 for the 2024 Notes CAD$750,000,000 for the 2047 Notes PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.68699.994% 2030 Notes: 99.771for the 2024 Notes 99.359% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps for the 2047 Notes PRICE TO AT&T: 2026 Notes: 99.41199.624% 2030 Notes: 99.421for the 2024 Notes 98.859% 2039 Notes: 98.835% for the 2047 Notes NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 CAD$597,744,000 for the 2024 Notes CAD$741,442,500 for the 2047 Notes USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expensesGeneral corporate purposes. INTEREST RATE: 2026 Notes: 0.2502.850% per annum 2030 Notes: 0.800for the 2024 Notes 4.850% per annum 2039 Notes: 1.800% per annum for the 2047 Notes INTEREST PAYMENT DATES: Annually Semiannually on March 4each May 25 and November 25, in equal installments, commencing on March 4November 25, 2020, 2017 for the 2026 2024 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 2047 Notes. DENOMINATIONS: Minimum of €100,000 CAD$150,000 and integral multiples of €1,000 CAD$1,000 thereafter BUSINESS DAY: A business day in excess thereof.The City of New York and Toronto OPTIONAL REDEMPTION: Each series of Notes may be redeemed at any time prior to the applicable Par Call Date (as set forth in the table below), in whole or from time to time in part, at a make-whole call equal to the greater of (i) 100% of the principal amount of the Notes of such series to be redeemed or (ii) a price equal to the price which, if the Notes being redeemed were to be issued at such price on the date of redemption, would provide a yield thereon from the date of redemption to their Par Call Date equal to the Government of Canada Yield plus the applicable Make-Whole Spread (as set forth in the table below), calculated on the third business day preceding the date of redemption of the Notes. Each series of Notes may be redeemed at any time on or after the applicable Par Call Date, in whole or from time in time in part, at a redemption price equal to 100% of the principal amount of such series of Notes to be redeemed. In each case, accrued but unpaid interest will be payable to the redemption date. Series Par Call Date Make-Whole Spread 2024 Notes March 25, 2024 42.5 bps 2047 Notes November 25, 2046 70 bps
Appears in 1 contract
Samples: Underwriting Agreement (At&t Inc.)
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant Filed Pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04Rule 433 Registration No. 333-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV 143180 Final Term Sheet September 4August 28, 2019 €3,000,000,000 2007 SCHEDULE IV $2,000,000,000 AT&T Inc. €1,000,000,000 0.250Inc .$2,000,000,000 6.500% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2037 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.2506.500% Global Notes due 2026 2037 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Fixed Rate Notes”) TRADE DATE: September 4August 28, 2019 2007 SETTLEMENT DATE (T+5T+3): September 11August 31, 2019 2007 MATURITY DATE: March 4September 1, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes 2037 AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps $2,000,000,000 PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes99.568% GROSS SPREAD: 99.6860.875% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&TAT&T INC.: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.83598.693% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. 1,973,860,000 UNDERWRITERS’ REIMBURSEMENT OF AT&TAT&T INC.’S EXPENSES: Underwriters to reimburse $1,500,000 500,000 of AT&TAT&T Inc.’s expenses. expenses INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.8006.500% per annum INTEREST PAYMENT DATES: Annually Semi-annually on each March 41 and September 1, commencing on March 41, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. 2008 DENOMINATIONS: Minimum of €100,000 $2,000 and integral multiples of €$1,000 thereafter OPTIONAL REDEMPTION: At any time, in excess whole or in part, at a make-whole call equal to the greater of (i) 100% of the principal amount of the Fixed Rate Notes to be redeemed or (ii) the sum of the present values of the remaining scheduled payments of principal and interest discounted to the redemption date, on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months), at a rate equal to the sum of the Treasury Rate plus 25 basis points JOINT BOOKRUNNERS: Banc of America Securities LLC Barclays Capital Inc. Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated ALLOCATION: Fixed Rate Notes Banc of America Securities LLC $ 480,000,000 Barclays Capital Inc. $ 480,000,000 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated $ 480,000,000 Xxxxxxx, Sachs & Co. $ 120,000,000 Wachovia Capital Markets, LLC $ 120,000,000 Mitsubishi UFJ Securities International plc. $ 120,000,000 Citigroup Global Markets Inc. $ 33,334,000 Deutsche Bank Securities Inc. $ 33,334,000 X.X. Xxxxxx Securities Inc. $ 33,333,000 Loop Capital Markets, LLC $ 33,333,000 Xxxxxx X. Xxxxxxx & Co., Inc. $ 33,333,000 UBS Securities LLC $ 33,333,000 U.S.$ 2,000,000,000 REFERENCE DOCUMENT: Prospectus Supplement dated August 28, 2007; Prospectus dated May 23, 2007. THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING XXXXX ON THE SEC WEB SITE AT XXX.XXX.XXX. ALTERNATIVELY, THE ISSUER, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING TOLL-FREE BANC OF AMERICA SECURITIES LLC AT 1-(800)-294-1322. ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. EXHIBIT A AT&T INC. DELAYED DELIVERY CONTRACT , 200 AT&T Inc. 000 X. Xxxxxxx Street San Antonio, Texas 78205-2233 Ladies and Gentlemen: The undersigned hereby agrees to purchase from AT&T Inc., a Delaware corporation (the “Company”), and the Company hereby agrees to sell to the undersigned, $ principal amount of the Company’s above-captioned securities (“Securities”), offered by the Company’s prospectus, dated , as supplemented by the prospectus supplement, dated (collectively, the “Prospectus”), receipt of a copy of which is hereby acknowledged, at a purchase price of % of the principal amount thereof plus accrued interest from to the Delivery Date (as defined in the next paragraph) and on the further terms and conditions set forth in this Contract. Payment for and delivery of the Securities to be purchased by the undersigned shall be made on , 200 , herein called the “Delivery Date”. At 10:00 A.M., New York time, on the Delivery Date, the Securities to be purchased by the undersigned hereunder will be delivered by the Company to the undersigned, and the undersigned will accept delivery of such Securities and will make payment to the Company of the purchase price therefore at the office of The Bank of New York. Payment will be by certified or official bank check or wire transfer payable in Federal (same day) funds settled through the New York Clearing House, or such other Clearing House as the Company may designate, to or upon the order of the Company. The Securities will be delivered in such authorized forms and denominations and registered in such names as the undersigned may designate by written or telegraphic communication addressed to the Company not less than two full business days prior to the Delivery Date or, if the undersigned fails to make a timely designation in the foregoing manner, in the form of one definitive fully registered certificate representing the Securities in the above principal amount, registered in the name of the undersigned. This Contract will terminate and be of no further force and effect after , 200 , unless (i) on or before such date it shall have been executed and delivered by both parties hereto and (ii) the Company shall have sold to the Underwriters named in the Prospectus the Immediate Delivery Underwritten Securities (as defined in the Underwriting Agreement referred to in the Prospectus). The Company will mail or deliver to the undersigned at its address set forth below a notice to that effect, stating the date of the occurrence thereof., accompanied by copies of the opinion of counsel for the Company delivered to such Underwriters pursuant to Paragraph 11(d) of the Underwriting Agreement. The obligation of the undersigned to accept delivery of and make payment for the Securities on the Delivery Date will be subject to the condition that the Securities shall not, on the Delivery Date, be an investment prohibited by the laws of the jurisdiction to which the undersigned is subject, the undersigned hereby representing that such an investment is not so prohibited on the date hereof. This Contract will inure to the benefit of and be binding upon the parties hereto and their respective successors but will not be assignable by either party hereto without the written consent of the other. This Contract may be executed by any of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the same instrument. It is understood that acceptance of any Delayed Delivery Contract (as defined in said Underwriting Agreement) is in the Company’s sole discretion and, without limiting the foregoing, need not be on a first-come, first-served basis. If this Contract is acceptable to the Company, it is requested that the Company sign the form of acceptance below and mail or deliver one of the counterparts hereof to the undersigned at its address set forth below. This will become a binding contract between the Company and the undersigned when such counterpart is so mailed or delivered. Very truly yours, By Title Address Accepted as of , 200 AT&T INC. By Title:
Appears in 1 contract
Samples: Underwriting Agreement (At&t Inc.)
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4March 24, 2019 €3,000,000,000 2017 U.S.$300,000,000 AT&T Inc. €1,000,000,000 0.250% U.S.$300,000,000 FLOATING RATE GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2020 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Floating Rate Global Notes due 2026 2020 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4Xxxxx 00, 2019 SETTLEMENT 0000 XXXXXXXXXX DATE (T+5T+2): September 11Xxxxx 00, 2019 MATURITY 0000 XXXXXXXX DATE: March 4January 15, 2026 for the 2026 Notes March 42020, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes at par AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps $300,000,000 PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes100.000% GROSS SPREAD: 99.6860.200% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.83599.800% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 $299,400,000 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ General corporate purposes UNDERWRITER’S REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters Underwriter to reimburse $1,500,000 100,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum Three month LIBOR Rate (for first short coupon interest payment date, the rate will be interpolated for the length of such period) plus 65 basis points. INTEREST PAYMENT DATES: Annually Quarterly on March 4each January 15, April 15, July 15 and October 15, commencing April 15, 2017 (short first coupon); provided, however, that if any such interest payment date would fall on March 4a day that is not a LIBOR business day, 2020other than the interest payment date that is also the date of maturity, that interest payment date will be postponed to the next succeeding LIBOR business day, unless the next succeeding LIBOR business day is in the next succeeding calendar month, in which case such interest payment date shall be the immediately preceding LIBOR business day; and provided further, that if the date of maturity is not a LIBOR business day, payment of principal and interest will be made on the next succeeding business day and no interest will accrue for the 2026 Notes period from and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum after such date of €100,000 and integral multiples of €1,000 in excess thereofmaturity.
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4March 23, 2019 €3,000,000,000 2017 U.S.$500,000,000 AT&T Inc. €1,000,000,000 0.250% U.S.$500,000,000 FLOATING RATE GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2020 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Floating Rate Global Notes due 2026 2020 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4Xxxxx 00, 2019 SETTLEMENT 0000 XXXXXXXXXX DATE (T+5T+3): September 11Xxxxx 00, 2019 MATURITY 0000 XXXXXXXX DATE: March 4January 15, 2026 for the 2026 Notes March 42020, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes at par AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps $500,000,000 PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes100.000% GROSS SPREAD: 99.6860.200% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.83599.800% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 $499,000,000 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ General corporate purposes UNDERWRITER’S REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters Underwriter to reimburse $1,500,000 400,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum Three month LIBOR Rate (for first short coupon interest payment date, the rate will be interpolated for the length of such period) plus 65 basis points. INTEREST PAYMENT DATES: Annually Quarterly on March 4each January 15, April 15, July 15 and October 15, commencing April 15, 2017 (short first coupon); provided, however, that if any such interest payment date would fall on March 4a day that is not a LIBOR business day, 2020other than the interest payment date that is also the date of maturity, that interest payment date will be postponed to the next succeeding LIBOR business day, unless the next succeeding LIBOR business day is in the next succeeding calendar month, in which case such interest payment date shall be the immediately preceding LIBOR business day; and provided further, that if the date of maturity is not a LIBOR business day, payment of principal and interest will be made on the next succeeding business day and no interest will accrue for the 2026 Notes period from and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notesafter such date of maturity. DENOMINATIONS: Minimum of €100,000 $2,000 and integral multiples of €$1,000 thereafter OPTIONAL REDEMPTION: None REDEMPTION FOR CHANGES IN TAX LAW: In whole, but not in excess part, if AT&T becomes obligated, or if there is a substantial probability that AT&T will become obligated, to pay additional amounts to holders of the Notes as a result of certain changes in the tax laws, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed together with interest accrued thereon to the date fixed for redemption INDENTURE AND RANKING: The Notes will be issued under an indenture, dated as of May 15, 2013, between AT&T and The Bank of New York Mellon Trust Company, N.A., as trustee. The Notes will be AT&T’s unsecured and unsubordinated obligations and will rank pari passu with all other indebtedness issued under the indenture. RATINGS: [INSERT RATINGS] SOLE BOOKRUNNER: X.X. Xxxxxx Securities LLC CUSIP NUMBER: 00000XXX0 ISIN NUMBER: US00206RDU32 REFERENCE DOCUMENT: Prospectus Supplement, dated March 23, 2017; Prospectus, dated February 25, 2016 THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING XXXXX ON THE SEC WEB SITE AT XXX.XXX.XXX. ALTERNATIVELY, THE ISSUER, THE UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING X.X. XXXXXX SECURITIES LLC AT (000) 000-0000 (COLLECT). ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. A SECURITIES RATING IS NOT A RECOMMENDATION TO BUY, SELL OR HOLD SECURITIES AND MAY BE REVISED OR WITHDRAWN AT ANY TIME. EXHIBIT A AT&T INC. DELAYED DELIVERY CONTRACT , 201 AT&T Inc. 000 X. Xxxxx Street Dallas, Texas 75202 Ladies and Gentlemen: The undersigned hereby agrees to purchase from AT&T Inc., a Delaware corporation (the “Company”), and the Company hereby agrees to sell to the undersigned, $ principal amount of the Company’s above-captioned securities (“Securities”), offered by the Company’s prospectus, dated , as supplemented by the prospectus supplement, dated (collectively, the “Prospectus”), receipt of a copy of which is hereby acknowledged, at a purchase price of % of the principal amount thereof plus accrued interest from to the Delivery Date (as defined in the next paragraph) and on the further terms and conditions set forth in this Contract. Payment for and delivery of the Securities to be purchased by the undersigned shall be made on , 201 , herein called the “Delivery Date”. At 10:00 A.M., New York time, on the Delivery Date, the Securities to be purchased by the undersigned hereunder will be delivered by the Company to the undersigned, and the undersigned will accept delivery of such Securities and will make payment to the Company of the purchase price therefore at the office of The Bank of New York Mellon Trust Company, N.A. Payment will be by certified or official bank check or wire transfer payable in Federal (same day) funds settled through the New York Clearing House, or such other Clearing House as the Company may designate, to or upon the order of the Company. The Securities will be delivered in such authorized forms and denominations and registered in such names as the undersigned may designate by written or telegraphic communication addressed to the Company not less than two full business days prior to the Delivery Date or, if the undersigned fails to make a timely designation in the foregoing manner, in the form of one definitive fully registered certificate representing the Securities in the above principal amount, registered in the name of the undersigned. This Contract will terminate and be of no further force and effect after , 201 , unless (i) on or before such date it shall have been executed and delivered by both parties hereto and (ii) the Company shall have sold to the Underwriters named in the Prospectus the Immediate Delivery Underwritten Securities (as defined in the Underwriting Agreement referred to in the Prospectus). The Company will mail or deliver to the undersigned at its address set forth below a notice to that effect, stating the date of the occurrence thereof., accompanied by copies of the opinion of counsel for the Company delivered to such Underwriters pursuant to Paragraph 11(d) of the Underwriting Agreement. The obligation of the undersigned to accept delivery of and make payment for the Securities on the Delivery Date will be subject to the condition that the Securities shall not, on the Delivery Date, be an investment prohibited by the laws of the jurisdiction to which the undersigned is subject, the undersigned hereby representing that such an investment is not so prohibited on the date hereof. This Contract will inure to the benefit of and be binding upon the parties hereto and their respective successors but will not be assignable by either party hereto without the written consent of the other. This Contract may be executed by any of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the same instrument. It is understood that acceptance of any Delayed Delivery Contract (as defined in said Underwriting Agreement) is in the Company’s sole discretion and, without limiting the foregoing, need not be on a first-come, first-served basis. If this Contract is acceptable to the Company, it is requested that the Company sign the form of acceptance below and mail or deliver one of the counterparts hereof to the undersigned at its address set forth below. This will become a binding contract between the Company and the undersigned when such counterpart is so mailed or delivered. Very truly yours, By Title Address Accepted as of , 201 AT&T INC. By Title:
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has we have determined, and hereby notifies notify all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4, 2019 €3,000,000,000 AT&T Inc. €1,000,000,000 0.250% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually on March 4, commencing on March 4, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.
Appears in 1 contract
Samples: Underwriting Agreement (At&t Inc.)
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has we have determined, and hereby notifies notify all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that (a) are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and (b) are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations, and (c) are not individuals. SCHEDULE IV Final Term Sheet September 4December 5, 2019 €3,000,000,000 AT&T Inc. €1,000,000,000 0.25048,000,000 Depositary Shares, Each Representing a 1/1000th Interest in a Share of 5.000% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 Perpetual Preferred Stock, Series A ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually on March 4, commencing on March 4, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.Inc.
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant Filed Pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04Rule 433 Registration No. 333-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV 118476 Final Term Sheet September 4February 1, 2019 €3,000,000,000 2007 SCHEDULE IV U.S.$1,500,000,000 AT&T Inc. €1,000,000,000 0.250% GLOBAL FLOATING RATE NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2010 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Floating Rate Notes due 2026 2010 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Floating Rate Notes”) TRADE DATE: September 4February 1, 2019 2007 SETTLEMENT DATE (T+5T+3): September 11February 6, 2019 2007 MATURITY DATE: March 4February 5, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes 2010 AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps $1,500,000,000 PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes100.000% GROSS SPREAD: 99.6860.175% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&TAT&T INC.: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.83599.825% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. 1,497,375,000 UNDERWRITERS’ REIMBURSEMENT OF AT&TAT&T INC.’S EXPENSES: Underwriters to reimburse $1,500,000 120,000 of AT&TAT&T Inc.’s expenses. expenses INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum Applicable LIBOR Rate plus 10 basis points INTEREST PAYMENT DATES: Annually Quarterly on March 4each February 5, May 5, August 5 and November 5, commencing May 5, 2007; provided however, that if any such interest payment date would fall on March 4a day that is not a LIBOR business day, 2020other than the interest payment date that is also the date of maturity, that interest payment date will be postponed to the next succeeding LIBOR business day, unless the next succeeding LIBOR business day is in the next succeeding calendar month, in which case such interest payment date shall be the immediately preceding LIBOR business day; and provided further, that if the date of maturity is not a LIBOR business day, payment of principal and interest will be made on the next succeeding business day and no interest will accrue for the 2026 Notes period from and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notesafter such date of maturity. DENOMINATIONS: Minimum of €100,000 $2,000 and integral multiples of €$1,000 thereafter OPTIONAL REDEMPTION: N/A JOINT BOOKRUNNERS: Banc of America Securities LLC and Lxxxxx Brothers Inc. ALLOCATION: Floating Rate Notes Banc of America Securities LLC $ 480,000,000 Lxxxxx Brothers Inc. $ 480,000,000 Credit Suisse Securities (USA) LLC $ 90,000,000 Gxxxxxx, Sxxxx & Co. $ 90,000,000 Greenwich Capital Markets, Inc. $ 90,000,000 UBS Securities LLC $ 90,000,000 Uxxxxxxx Capital Group, L.L.C. $ 90,000,000 The Wxxxxxxx Capital Group, L.P. $ 90,000,000 U.S.$ 1,500,000,000 REFERENCE DOCUMENT: Prospectus Supplement dated February 1, 2007; Prospectus dated May 24, 2005. THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING EXXXX ON THE SEC WEB SITE AT WXX.XXX.XXX. ALTERNATIVELY, THE ISSUER, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING TOLL-FREE BANC OF AMERICA SECURITIES LLC AT 1-(800)-294-1322 OR LXXXXX BROTHERS INC. AT 1-(000)-000-0000. ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. EXHIBIT A AT&T INC. DELAYED DELIVERY CONTRACT , 200 AT&T Inc. 100 X. Xxxxxxx Street San Antonio, Texas 78205-2233 Ladies and Gentlemen: The undersigned hereby agrees to purchase from AT&T Inc., a Delaware corporation (the “Company”), and the Company hereby agrees to sell to the undersigned, $ principal amount of the Company’s above-captioned securities (“Securities”), offered by the Company’s prospectus, dated , as supplemented by the prospectus supplement, dated (collectively, the “Prospectus”), receipt of a copy of which is hereby acknowledged, at a purchase price of % of the principal amount thereof plus accrued interest from to the Delivery Date (as defined in excess the next paragraph) and on the further terms and conditions set forth in this Contract. Payment for and delivery of the Securities to be purchased by the undersigned shall be made on , 200 , herein called the “Delivery Date”. At 10:00 A.M., New York time, on the Delivery Date, the Securities to be purchased by the undersigned hereunder will be delivered by the Company to the undersigned, and the undersigned will accept delivery of such Securities and will make payment to the Company of the purchase price therefore at the office of The Bank of New York. Payment will be by certified or official bank check or wire transfer payable in Federal (same day) funds settled through the New York Clearing House, or such other Clearing House as the Company may designate, to or upon the order of the Company. The Securities will be delivered in such authorized forms and denominations and registered in such names as the undersigned may designate by written or telegraphic communication addressed to the Company not less than two full business days prior to the Delivery Date or, if the undersigned fails to make a timely designation in the foregoing manner, in the form of one definitive fully registered certificate representing the Securities in the above principal amount, registered in the name of the undersigned. This Contract will terminate and be of no further force and effect after , 200 , unless (i) on or before such date it shall have been executed and delivered by both parties hereto and (ii) the Company shall have sold to the Underwriters named in the Prospectus the Immediate Delivery Underwritten Securities (as defined in the Underwriting Agreement referred to in the Prospectus). The Company will mail or deliver to the undersigned at its address set forth below a notice to that effect, stating the date of the occurrence thereof., accompanied by copies of the opinion of counsel for the Company delivered to such Underwriters pursuant to Paragraph 11(d) of the Underwriting Agreement. The obligation of the undersigned to accept delivery of and make payment for the Securities on the Delivery Date will be subject to the condition that the Securities shall not, on the Delivery Date, be an investment prohibited by the laws of the jurisdiction to which the undersigned is subject, the undersigned hereby representing that such an investment is not so prohibited on the date hereof. This Contract will inure to the benefit of and be binding upon the parties hereto and their respective successors but will not be assignable by either party hereto without the written consent of the other. This Contract may be executed by any of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the same instrument. It is understood that acceptance of any Delayed Delivery Contract (as defined in said Underwriting Agreement) is in the Company’s sole discretion and, without limiting the foregoing, need not be on a first-come, first-served basis. If this Contract is acceptable to the Company, it is requested that the Company sign the form of acceptance below and mail or deliver one of the counterparts hereof to the undersigned at its address set forth below. This will become a binding contract between the Company and the undersigned when such counterpart is so mailed or delivered. Very truly yours, By Title Address Accepted as of , 200 AT&T INC. By Title:
Appears in 1 contract
Samples: Execution (At&t Inc.)
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4December 11, 2019 €3,000,000,000 AT&T Inc. 2012 €1,000,000,000 0.250% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually on March 4, commencing on March 4, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.Inc.
Appears in 1 contract
Samples: Underwriting Agreement (At&t Inc.)
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has we have determined, and hereby notifies notify all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4February 27, 2019 2023 €3,000,000,000 1,250,000,000 AT&T Inc. €1,000,000,000 0.250% 1,250,000,000 FLOATING RATE GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2025 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% €1,250,000,000 aggregate principal amount of Floating Rate Global Notes due 2026 2025 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) ). TRADE DATE: September 4February 27, 2019 2023 SETTLEMENT DATE (T+5*): September 11Xxxxx 0, 2019 MATURITY 0000 XXXXXXXX DATE: March 46, 2026 for the 2026 Notes March 42025, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes at par. AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.686100.000% 2030 Notes: 99.771GROSS SPREAD 0.150% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.83599.850% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 1,248,125,000 USE OF PROCEEDS: AT&T intends to use these the proceeds for general corporate purposes, including, together with the net proceeds from the offering of U.S.$1,750,000,000 of 5.539% Global Notes due 2026 AT&T completed on February 22, 2023, to pay down repay all amounts outstanding under its $3.55 billion term loan credit agreementAT&T’s U.S.$2,500,000,000 Term Loan Agreement entered into on November 16, dated as of November 202022 between AT&T, 2018Mizuho Bank, with Bank of America, N.A.Ltd., as agent agent, and its $2.85 billion syndicated term loan credit agreementthe lenders set forth therein and which matures on February 16, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent2025. UNDERWRITERS’ UNDERWRITER’S REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters Underwriter to reimburse $1,500,000 400,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum Applicable EURIBOR Rate (based on the three-month EURIBOR) plus 40 basis points. The interest rate on the Notes will in no event be lower than zero. INTEREST PAYMENT DATESDATE: Annually Quarterly on each March 46, June 6, September 6 and December 6 of each year, commencing on March 4June 6, 20202023; provided however, that if any such interest payment date would fall on a day that is not a EURIBOR business day (as defined herein), other than the interest payment date that is also the date of maturity, that interest payment date will be postponed to the next succeeding EURIBOR business day, unless the next succeeding EURIBOR business day is in the next succeeding calendar month, in which case such interest payment date shall be the immediately preceding EURIBOR business day; and provided further, that if the date of maturity is not a EURIBOR business day, payment of principal and interest will be made on the next succeeding business day and no interest will accrue for the 2026 Notes period from and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notesafter such date of maturity. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.. INDENTURE AND RANKING The Notes will be issued under an indenture, dated as of May 15, 2013, between AT&T and The Bank of New York Mellon Trust Company, N.A., as trustee. The Notes will be AT&T’s unsecured and unsubordinated obligations and will rank pari passu with all other indebtedness issued under the indenture. OPTIONAL REDEMPTION: Except in connection with certain tax events, the Notes are not redeemable at AT&T’s option. TAX GROSS UP: Comparable to prior AT&T transactions. TAX CALL: Comparable to prior AT&T transactions. ISIN: XS2595361978 CUSIP: 00211G AB5 COMMON CODE: 259536197 LISTING: AT&T intends to apply to list the Notes on the New York Stock Exchange. FORM/CLEARING SYSTEMS: The Notes will be issued only in registered, book-entry form. There will be a Global Note deposited with a common depositary for Euroclear Bank SA/NV and Clearstream Banking, Société Anonyme for each issue. STABILIZATION: FCA/ICMA DAY COUNT FRACTION: ACTUAL/360, modified following, adjusted RATINGS: Moody’s: Baa2 (stable) S&P: BBB (stable) Fitch: BBB+ (stable) BOOKRUNNER: Société Générale REFERENCE DOCUMENT: Prospectus Supplement, dated February 27, 2023; Prospectus dated March 2, 2022 * Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to the trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes on the date of pricing will be required, by virtue of the fact that the Notes initially will settle in T+5, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement and should consult their own advisors. THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING XXXXX ON THE SEC WEB SITE AT XXX.XXX.XXX. ALTERNATIVELY, THE ISSUER, THE UNDERWRITER OR DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING SOCIÉTÉ GÉNÉRALE AT 0-000-000-0000. ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. A SECURITIES RATING IS NOT A RECOMMENDATION TO BUY, SELL OR HOLD SECURITIES AND MAY BE REVISED OR WITHDRAWN AT ANY TIME. MiFID II - professionals/ECPs-only / No PRIIPs or UK PRIIPs KID – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or UK. EXHIBIT A AT&T INC. DELAYED DELIVERY CONTRACT , 20 AT&T Inc. 000 X. Xxxxx Street Dallas, Texas 75202 Ladies and Gentlemen: The undersigned xxxxxx agrees to purchase from AT&T Inc., a Delaware corporation (the “Company”), and the Company hereby agrees to sell to the undersigned, €[●] principal amount of the Company’s above-captioned securities (“Securities”), offered by the Company’s prospectus, dated , as supplemented by the prospectus supplement, dated (collectively, the “Prospectus”), receipt of a copy of which is hereby acknowledged, at a purchase price of % of the principal amount thereof plus accrued interest from to the Delivery Date (as defined in the next paragraph) and on the further terms and conditions set forth in this Contract. Payment for and delivery of the Securities to be purchased by the undersigned shall be made on , 20 , herein called the “Delivery Date”. At 10:00 A.M., New York time, on the Delivery Date, the Securities to be purchased by the undersigned hereunder will be delivered by the Company to the undersigned, and the undersigned will accept delivery of such Securities and will make payment to the Company of the purchase price therefore at the office of The Bank of New York Mellon Trust Company, N.A. Payment will be by certified or official bank check or wire transfer payable in Federal (same day) funds settled through the New York Clearing House, or such other Clearing House as the Company may designate, to or upon the order of the Company. The Securities will be delivered in such authorized forms and denominations and registered in such names as the undersigned may designate by written or telegraphic communication addressed to the Company not less than two full business days prior to the Delivery Date or, if the undersigned fails to make a timely designation in the foregoing manner, in the form of one definitive fully registered certificate representing the Securities in the above principal amount, registered in the name of the undersigned. This Contract will terminate and be of no further force and effect after , 20 , unless (i) on or before such date it shall have been executed and delivered by both parties hereto and (ii) the Company shall have sold to the Underwriter named in the Prospectus the Immediate Delivery Underwritten Securities (as defined in the Underwriting Agreement referred to in the Prospectus). The Company will mail or deliver to the undersigned at its address set forth below a notice to that effect, stating the date of the occurrence thereof, accompanied by copies of the opinion of counsel for the Company delivered to the Underwriter pursuant to Paragraph 12(d) of the Underwriting Agreement. The obligation of the undersigned to accept delivery of and make payment for the Securities on the Delivery Date will be subject to the condition that the Securities shall not, on the Delivery Date, be an investment prohibited by the laws of the jurisdiction to which the undersigned is subject, the undersigned hereby representing that such an investment is not so prohibited on the date hereof. This Contract will inure to the benefit of and be binding upon the parties hereto and their respective successors but will not be assignable by either party hereto without the written consent of the other. This Contract may be executed by any of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the same instrument. It is understood that acceptance of any Delayed Delivery Contract (as defined in said Underwriting Agreement) is in the Company’s sole discretion and, without limiting the foregoing, need not be on a first-come, first-served basis. If this Contract is acceptable to the Company, it is requested that the Company sign the form of acceptance below and mail or deliver one of the counterparts hereof to the undersigned at its address set forth below. This will become a binding contract between the Company and the undersigned when such counterpart is so mailed or delivered. Very truly yours, By Title Address Accepted as of , 20 AT&T INC. By Title:
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The Each underwriter has acknowledged that the prospectus supplement has and the accompanying prospectus have not been registered as a prospectus with the Monetary Authority of SingaporeSingapore (the “MAS”). Accordingly, each underwriter has represented, warranted and agreed that it has not offered or sold any Securities or caused the Securities to be made the subject of an invitation for subscription or purchase and will not offer or sell any Securities or cause the Securities to be made the subject of an invitation for subscription or purchase, and has not circulated or distributed, nor will it circulate or distribute, this prospectus supplement and the accompanying prospectus or any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchaseSecurities, whether directly or indirectly, to persons any person in Singapore other than (i) to an institutional investor under (as defined in Section 274 4A of the Securities and Futures Act, Act (Chapter 289 of Singapore Singapore) (the “SFA”)) pursuant to Section 274 of the SFA, (ii) to a relevant personperson (as defined in Section 275(2) of the SFA) pursuant to Section 275(1) of the SFA, or any person pursuant to Section 257(1A)275(1A) of the SFA, and in accordance with the conditions, conditions specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether Where the Securities are subscribed or purchased under Section 275 of the SFA by a relevant person which is: (a) a corporation (which is not an accredited investorinvestor (as defined in Section 4A of the SFA)) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary of the trust is an individual who is an accredited investor, shares, debentures, and units securities (as defined in Section 239(1) of shares and debentures the SFA) of that corporation or the beneficiaries’ rights and interest (howsoever described) in that trust shall not be transferable for transferred within six months after that corporation or that trust has acquired the Securities pursuant to an offer made under Section 275 of the SFA except: (1) to an institutional investor under Section 274 of the SFA or to a relevant personperson defined in Section 275(2) of the SFA, or to any person pursuant arising from an offer referred to in Section 275(1A), and in accordance with the conditions, specified in ) or Section 275 276(4)(i)(B) of the SFA; (2) where no consideration is or will be given for the transfer; or (3) where the transfer is by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a; (4) and 309B(1)(cas specified in Section 276(7) of the SFA, AT&T has determined, and hereby notifies all relevant persons ; or (5) as defined specified in Section 309A Regulation 32 of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets ProductsOffers of Investments) (Shares and Debentures) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale 2005 of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4, 2019 €3,000,000,000 AT&T Inc. €1,000,000,000 0.250% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually on March 4, commencing on March 4, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereofSingapore.
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant Filed Pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products)Rule 433 Registration No. Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV 333-[ o ] Final Term Sheet September 4, 2019 €3,000,000,000 [ Date ] SCHEDULE IV U.S.$ AT&T Inc. €1,000,000,000 0.250% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 [ Title of Debt Securities ] ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 [ Title of debt securities ] (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5T+3): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 NotesGROSS SPREAD: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&TAT&T INC.: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&TAT&T INC.’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually DENOMINATIONS: OPTIONAL REDEMPTION: JOINT BOOKRUNNERS: ALLOCATION: Notes U.S.$ REFERENCE DOCUMENT: THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING XXXXX ON THE SEC WEB SITE AT XXX.XXX.XXX. ALTERNATIVELY, THE ISSUER, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING TOLL-FREE [ REPRESENTATIVE ] AT 1-(800)- -. ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. A SECURITIES RATING IS NOT A RECOMMENDATION TO BUY, SELL OR HOLD SECURITIES AND MAY BE REVISED OR WITHDRAWN AT ANY TIME. EXHIBIT A AT&T INC. DELAYED DELIVERY CONTRACT , 20 AT&T Inc. 000 X. Xxxxx Street Dallas, Texas 75202 Ladies and Gentlemen: The undersigned hereby agrees to purchase from AT&T Inc., a Delaware corporation (the “Company”), and the Company hereby agrees to sell to the undersigned, $ principal amount of the Company’s above-captioned securities (“Securities”), offered by the Company’s prospectus, dated , as supplemented by the prospectus supplement, dated (collectively, the “Prospectus”), receipt of a copy of which is hereby acknowledged, at a purchase price of % of the principal amount thereof plus accrued interest from to the Delivery Date (as defined in the next paragraph) and on March 4the further terms and conditions set forth in this Contract. Payment for and delivery of the Securities to be purchased by the undersigned shall be made on , commencing 20___, herein called the “Delivery Date”. At 10:00 A.M., New York time, on March 4the Delivery Date, 2020the Securities to be purchased by the undersigned hereunder will be delivered by the Company to the undersigned, and the undersigned will accept delivery of such Securities and will make payment to the Company of the purchase price therefore at the office of The Bank of New York Mellon. Payment will be by certified or official bank check or wire transfer payable in Federal (same day) funds settled through the New York Clearing House, or such other Clearing House as the Company may designate, to or upon the order of the Company. The Securities will be delivered in such authorized forms and denominations and registered in such names as the undersigned may designate by written or telegraphic communication addressed to the Company not less than two full business days prior to the Delivery Date or, if the undersigned fails to make a timely designation in the foregoing manner, in the form of one definitive fully registered certificate representing the Securities in the above principal amount, registered in the name of the undersigned. This Contract will terminate and be of no further force and effect after , 20___, unless (i) on or before such date it shall have been executed and delivered by both parties hereto and (ii) the Company shall have sold to the Underwriters named in the Prospectus the Immediate Delivery Underwritten Securities (as defined in the Underwriting Agreement referred to in the Prospectus). The Company will mail or deliver to the undersigned at its address set forth below a notice to that effect, stating the date of the occurrence thereof, accompanied by copies of the opinion of counsel for the 2026 Notes Company delivered to such Underwriters pursuant to Paragraph 11(d) of the Underwriting Agreement. The obligation of the undersigned to accept delivery of and make payment for the Securities on the Delivery Date will be subject to the condition that the Securities shall not, on the Delivery Date, be an investment prohibited by the laws of the jurisdiction to which the undersigned is subject, the undersigned hereby representing that such an investment is not so prohibited on the date hereof. This Contract will inure to the benefit of and be binding upon the parties hereto and their respective successors but will not be assignable by either party hereto without the written consent of the other. This Contract may be executed by any of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the 2030 Notessame instrument. Annually It is understood that acceptance of any Delayed Delivery Contract (as defined in said Underwriting Agreement) is in the Company’s sole discretion and, without limiting the foregoing, need not be on September 14a first-come, commencing on September 14first-served basis. If this Contract is acceptable to the Company, 2020it is requested that the Company sign the form of acceptance below and mail or deliver one of the counterparts hereof to the undersigned at its address set forth below. This will become a binding contract between the Company and the undersigned when such counterpart is so mailed or delivered. Very truly yours, for the 2039 NotesBy Title Address Accepted as of , 20___ AT&T INC. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.By Title:
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4May 16, 2019 €3,000,000,000 2017 U.S.$1,500,000,000 AT&T Inc. €1,000,000,000 0.250% U.S.$1,500,000,000 FLOATING RATE GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2021 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Floating Rate Global Notes due 2026 2021 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4May 16, 2019 2017 SETTLEMENT DATE (T+5T+3): September 11May 19, 2019 2017 MATURITY DATE: March 4July 15, 2026 for the 2026 Notes March 42021, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes at par AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps $1,500,000,000 PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes100.000% GROSS SPREAD: 99.6860.250% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.83599.750% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 $1,496,250,000 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ General corporate purposes UNDERWRITER’S REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters Underwriter to reimburse $1,500,000 1,000,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum Three month LIBOR Rate (for first short coupon interest payment date, the rate will be interpolated for the length of such period) plus 95 basis points. INTEREST PAYMENT DATES: Annually Quarterly on March 4each January 15, April 15, July 15 and October 15, commencing July 15, 2017 (short first coupon); provided, however, that if any such interest payment date would fall on March 4a day that is not a LIBOR business day, 2020other than the interest payment date that is also the date of maturity, that interest payment date will be postponed to the next succeeding LIBOR business day, unless the next succeeding LIBOR business day is in the next succeeding calendar month, in which case such interest payment date shall be the immediately preceding LIBOR business day; and provided further, that if the date of maturity is not a LIBOR business day, payment of principal and interest will be made on the next succeeding business day and no interest will accrue for the 2026 Notes period from and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notesafter such date of maturity. DENOMINATIONS: Minimum of €100,000 $2,000 and integral multiples of €$1,000 thereafter OPTIONAL REDEMPTION: None REDEMPTION FOR CHANGES IN TAX LAW: In whole, but not in excess part, if AT&T becomes obligated, or if there is a substantial probability that AT&T will become obligated, to pay additional amounts to holders of the Notes as a result of certain changes in the tax laws, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed together with interest accrued thereon to the date fixed for redemption INDENTURE AND RANKING: The Notes will be issued under an indenture, dated as of May 15, 2013, between AT&T and The Bank of New York Mellon Trust Company, N.A., as trustee. The Notes will be AT&T’s unsecured and unsubordinated obligations and will rank pari passu with all other indebtedness issued under the indenture. RATINGS: [INSERT RATINGS] SOLE BOOKRUNNER: Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated CUSIP NUMBER: 00000XXX0 ISIN NUMBER: US00206RDV15 REFERENCE DOCUMENT: Prospectus Supplement, dated May 16, 2017; Prospectus, dated February 25, 2016 THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING XXXXX ON THE SEC WEB SITE AT XXX.XXX.XXX. ALTERNATIVELY, THE ISSUER, THE UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED AT 1-800-294-1322 (TOLL FREE). ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. A SECURITIES RATING IS NOT A RECOMMENDATION TO BUY, SELL OR HOLD SECURITIES AND MAY BE REVISED OR WITHDRAWN AT ANY TIME. EXHIBIT A AT&T INC. DELAYED DELIVERY CONTRACT , 201 AT&T Inc. 000 X. Xxxxx Street Dallas, Texas 75202 Ladies and Gentlemen: The undersigned hereby agrees to purchase from AT&T Inc., a Delaware corporation (the “Company”), and the Company hereby agrees to sell to the undersigned, $ principal amount of the Company’s above-captioned securities (“Securities”), offered by the Company’s prospectus, dated , as supplemented by the prospectus supplement, dated (collectively, the “Prospectus”), receipt of a copy of which is hereby acknowledged, at a purchase price of % of the principal amount thereof plus accrued interest from to the Delivery Date (as defined in the next paragraph) and on the further terms and conditions set forth in this Contract. Payment for and delivery of the Securities to be purchased by the undersigned shall be made on , 201 , herein called the “Delivery Date”. At 10:00 A.M., New York time, on the Delivery Date, the Securities to be purchased by the undersigned hereunder will be delivered by the Company to the undersigned, and the undersigned will accept delivery of such Securities and will make payment to the Company of the purchase price therefore at the office of The Bank of New York Mellon Trust Company, N.A. Payment will be by certified or official bank check or wire transfer payable in Federal (same day) funds settled through the New York Clearing House, or such other Clearing House as the Company may designate, to or upon the order of the Company. The Securities will be delivered in such authorized forms and denominations and registered in such names as the undersigned may designate by written or telegraphic communication addressed to the Company not less than two full business days prior to the Delivery Date or, if the undersigned fails to make a timely designation in the foregoing manner, in the form of one definitive fully registered certificate representing the Securities in the above principal amount, registered in the name of the undersigned. This Contract will terminate and be of no further force and effect after , 201 , unless (i) on or before such date it shall have been executed and delivered by both parties hereto and (ii) the Company shall have sold to the Underwriters named in the Prospectus the Immediate Delivery Underwritten Securities (as defined in the Underwriting Agreement referred to in the Prospectus). The Company will mail or deliver to the undersigned at its address set forth below a notice to that effect, stating the date of the occurrence thereof., accompanied by copies of the opinion of counsel for the Company delivered to such Underwriters pursuant to Paragraph 11(d) of the Underwriting Agreement. The obligation of the undersigned to accept delivery of and make payment for the Securities on the Delivery Date will be subject to the condition that the Securities shall not, on the Delivery Date, be an investment prohibited by the laws of the jurisdiction to which the undersigned is subject, the undersigned hereby representing that such an investment is not so prohibited on the date hereof. This Contract will inure to the benefit of and be binding upon the parties hereto and their respective successors but will not be assignable by either party hereto without the written consent of the other. This Contract may be executed by any of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the same instrument. It is understood that acceptance of any Delayed Delivery Contract (as defined in said Underwriting Agreement) is in the Company’s sole discretion and, without limiting the foregoing, need not be on a first-come, first-served basis. If this Contract is acceptable to the Company, it is requested that the Company sign the form of acceptance below and mail or deliver one of the counterparts hereof to the undersigned at its address set forth below. This will become a binding contract between the Company and the undersigned when such counterpart is so mailed or delivered. Very truly yours, By Title Address Accepted as of , 201 AT&T INC. By Title:
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Filed Pursuant to Rule 433 Registration No. 333-187350 Final Term Sheet September 4November 20, 2019 2014 €3,000,000,000 3,800,000,000 AT&T Inc. €1,000,000,000 0.2501,500,000,000 FLOATING RATE GLOBAL NOTES DUE 2019 €1,500,000,000 1.450% GLOBAL NOTES DUE 2026 2022 €1,250,000,000 0.800800,000,000 2.600% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2029 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually on March 4, commencing on March 4, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.
Appears in 1 contract
Samples: Underwriting Agreement (At&t Inc.)
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan purchasing or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. SCHEDULE IV Final Term Sheet September 4July 25, 2019 €3,000,000,000 2018 U.S.$750,000,000 AT&T Inc. €1,000,000,000 0.2505.625% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 2067 ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.2505.625% Global Notes due 2026 2067 (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4July 25, 2019 2018 SETTLEMENT DATE (T+5): September 11August 1, 2019 2018 MATURITY DATE: March 4August 1, 2026 for the 2026 Notes March 42067, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes at par. AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes$750,000,000 OVER-ALLOTMENT OPTION: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps Up to $112,500,000 PRICE TO PUBLIC (ISSUE PRICE): 2026 Notes100.000% GROSS SPREAD: 99.6863.150% 2030 Notes: 99.771for Retail Orders ($23,503,567.50) and 1.000% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps for Institutional Orders ($38,550) PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.83596.861% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 $726,457,882.50, or $835,414,132.50 if the over-allotment option is exercised in full, based on the over-allotment being sold exclusively to retail investors. USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agentGeneral corporate purposes. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 525,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.8005.625% per annum INTEREST PAYMENT DATES: Annually Quarterly on March 4each February 1, May 1, August 1 and November 1, commencing on March 4November 1, 2020, for the 2026 Notes and the 2030 Notes. Annually on September 14, commencing on September 14, 2020, for the 2039 Notes2018. DENOMINATIONS: Minimum of €100,000 $25 and integral multiples of €1,000 $25 thereafter. OPTIONAL REDEMPTION: The Notes may be redeemed in excess whole or in part, at any time and from time to time on or after August 1, 2023, on at least 30 days’, but not more than 60 days’, prior notice mailed (or otherwise transmitted in accordance with DTC procedures) to the registered address of each holder of the Notes to be redeemed. The redemption price will be equal to 100% of the principal amount of the Notes to be redeemed plus accrued but unpaid interest to, but excluding, the redemption date. TAX GROSS UP: Comparable to prior AT&T transactions. TAX CALL: Comparable to prior AT&T transactions. INDENTURE AND RANKING: The Notes will be issued under an indenture, dated as of May 15, 2013, between AT&T and The Bank of New York Mellon Trust Company, N.A., as trustee. The Notes will be AT&T’s unsecured and unsubordinated obligations and will rank pari passu with all other indebtedness issued under the indenture. RATINGS: [Intentionally omitted] LISTING: AT&T intends to apply to list the Notes on the New York Stock Exchange and, if the application is approved, expects trading on the Notes to begin within 30 days of the Settlement Date. JOINT BOOKRUNNERS: Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated, Xxxxxx Xxxxxxx & Co. LLC, Xxxxx Fargo Securities, LLC, X.X. Xxxxxx Securities LLC, RBC Capital Markets, LLC and UBS Securities LLC JOINT LEAD MANAGERS: Barclays Capital Inc., BNY Mellon Capital Markets, LLC, Citigroup Global Markets Inc. and TD Securities (USA) LLC CUSIP NUMBER: 00206R 409 ISIN NUMBER: US00206R4092 REFERENCE DOCUMENT: Preliminary Prospectus Supplement, dated July 25, 2018; Prospectus, dated February 25, 2016 THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING XXXXX ON THE SEC WEB SITE AT XXX.XXX.XXX. ALTERNATIVELY, THE ISSUER, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED AT 1-800-294-1322 (TOLL FREE), XXXXXX XXXXXXX & CO. LLC AT 0-000-000-0000 (TOLL FREE), XXXXX FARGO SECURITIES, LLC AT 0-000-000-0000 (TOLL FREE), X.X. XXXXXX SECURITIES LLC AT 0-000-000-0000 (COLLECT), RBC CAPITAL MARKETS, LLC AT 0-000-000-0000 (TOLL FREE) OR UBS SECURITIES LLC AT 1-888-827-7275 (TOLL FREE). ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. A SECURITIES RATING IS NOT A RECOMMENDATION TO BUY, SELL OR HOLD SECURITIES AND MAY BE REVISED OR WITHDRAWN AT ANY TIME. EXHIBIT A AT&T INC. DELAYED DELIVERY CONTRACT , 201 AT&T Inc. 000 X. Xxxxx Street Dallas, Texas 75202 Ladies and Gentlemen: The undersigned hereby agrees to purchase from AT&T Inc., a Delaware corporation (the “Company”), and the Company hereby agrees to sell to the undersigned, $ principal amount of the Company’s above-captioned securities (“Securities”), offered by the Company’s prospectus, dated , as supplemented by the prospectus supplement, dated (collectively, the “Prospectus”), receipt of a copy of which is hereby acknowledged, at a purchase price of % of the principal amount thereof plus accrued interest from to the Delivery Date (as defined in the next paragraph) and on the further terms and conditions set forth in this Contract. Payment for and delivery of the Securities to be purchased by the undersigned shall be made on , 201 , herein called the “Delivery Date”. At 10:00 A.M., New York time, on the Delivery Date, the Securities to be purchased by the undersigned hereunder will be delivered by the Company to the undersigned, and the undersigned will accept delivery of such Securities and will make payment to the Company of the purchase price therefore at the office of The Bank of New York Mellon Trust Company, N.A. Payment will be by certified or official bank check or wire transfer payable in Federal (same day) funds settled through the New York Clearing House, or such other Clearing House as the Company may designate, to or upon the order of the Company. The Securities will be delivered in such authorized forms and denominations and registered in such names as the undersigned may designate by written or telegraphic communication addressed to the Company not less than two full business days prior to the Delivery Date or, if the undersigned fails to make a timely designation in the foregoing manner, in the form of one definitive fully registered certificate representing the Securities in the above principal amount, registered in the name of the undersigned. This Contract will terminate and be of no further force and effect after , 201 , unless (i) on or before such date it shall have been executed and delivered by both parties hereto and (ii) the Company shall have sold to the Underwriters named in the Prospectus the Immediate Delivery Underwritten Securities (as defined in the Underwriting Agreement referred to in the Prospectus). The Company will mail or deliver to the undersigned at its address set forth below a notice to that effect, stating the date of the occurrence thereof., accompanied by copies of the opinion of counsel for the Company delivered to such Underwriters pursuant to Paragraph 11(d) of the Underwriting Agreement. The obligation of the undersigned to accept delivery of and make payment for the Securities on the Delivery Date will be subject to the condition that the Securities shall not, on the Delivery Date, be an investment prohibited by the laws of the jurisdiction to which the undersigned is subject, the undersigned hereby representing that such an investment is not so prohibited on the date hereof. This Contract will inure to the benefit of and be binding upon the parties hereto and their respective successors but will not be assignable by either party hereto without the written consent of the other. This Contract may be executed by any of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the same instrument. It is understood that acceptance of any Delayed Delivery Contract (as defined in said Underwriting Agreement) is in the Company’s sole discretion and, without limiting the foregoing, need not be on a first-come, first-served basis. If this Contract is acceptable to the Company, it is requested that the Company sign the form of acceptance below and mail or deliver one of the counterparts hereof to the undersigned at its address set forth below. This will become a binding contract between the Company and the undersigned when such counterpart is so mailed or delivered. Very truly yours, By: Title Address Accepted as of , 201 AT&T INC. By Title:
Appears in 1 contract
Samples: At&t Inc.
Japan. The Securities have not been and will not be registered under the Securities and Exchange Law of Japan, and each of the Underwriters and each of its affiliates has represented and agreed that it has not offered or sold, and it will not offer or sell, directly or indirectly, any of the Securities in or to residents of Japan or to any persons for reoffering or resale, directly or indirectly in Japan or to any resident of Japan, except pursuant to any exemption from the registration requirements of the Securities and Exchange Law available thereunder and in compliance with the other relevant laws and regulations of Japan. Hong Kong The Securities may not be offered or sold by means of any document other than to persons whose ordinary business is to buy or sell shares or debentures, whether as principal or agent, or in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32) of Hong Kong, and no advertisement, invitation or document relating to the Securities may be issued, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made thereunder. Singapore The prospectus supplement has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the prospectus supplement and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities may not be circulated or distributed, nor may the Securities be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person, or any person pursuant to Section 257(1A), and in accordance with the conditions, specified in Section 275 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Whether the Securities are subscribed or purchased under Section 275 by a relevant person which is: (a) a corporation (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor, shares, debentures, and units of shares and debentures of that corporation or the beneficiaries’ rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the Securities under Section 275 except: (1) to an institutional investor under Section 274 of the SFA or to a relevant person, or any person pursuant to Section 275(1A), and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation of law. Solely for the purposes of its obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the SFA, AT&T has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Securities are “prescribed capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). Canada The Securities may be sold only to purchasers in the provinces of Alberta, British Columbia, New Brunswick, Nova Scotia, Ontario, Xxxxxx Xxxxxx Island and Quebec and Saskatchewan purchasing purchasing, or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions and, if such purchasers are resident in the Province of Ontario, or subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. Any resale of the Securities must be made in accordance with an exemption from, or in a transaction not subject to, the prospectus requirements of applicable securities laws. Securities legislation in certain provinces or territories of Canada may provide a purchaser with remedies for rescission or damages if this prospectus supplement (including any amendment thereto) contains a misrepresentation, provided that the remedies for rescission or damages are exercised by the purchaser within the time limit prescribed by the securities legislation of the purchaser’s province or territory. The purchaser should refer to any applicable provisions of the securities legislation of the purchaser’s province or territory for particulars of these rights or consult with a legal advisor. Pursuant to section 3A.3 (or, in the case of securities issued or guaranteed by the government of a non-Canadian jurisdiction, section 3A.4) of National Instrument 33-105 Underwriting Conflicts (NI 33-105), the underwriters are not required to comply with the disclosure requirements of NI 33-105 regarding underwriter conflicts of interest in connection with this offering. SCHEDULE IV Final Term Sheet September 4, 2019 €3,000,000,000 [ Date ] U.S.$ AT&T Inc. €1,000,000,000 0.250% GLOBAL NOTES DUE 2026 €1,250,000,000 0.800% GLOBAL NOTES DUE 2030 €750,000,000 1.800% GLOBAL NOTES DUE 2039 [ Title of Debt Securities ] ISSUER: AT&T Inc. (“AT&T”) TITLE OF SECURITIES: 0.250% Global Notes due 2026 [ Title of debt securities ] (the “2026 Notes”), 0.800% Global Notes due 2030 (the “2030 Notes”) and 1.800% Global Notes due 2039 (the “2039 Notes” and, together with the 2026 Notes and the 2030 Notes, the “Notes”) TRADE DATE: September 4, 2019 SETTLEMENT DATE (T+5T+[●]): September 11, 2019 MATURITY DATE: March 4, 2026 for the 2026 Notes March 4, 2030 for the 2030 Notes September 14, 2039 for the 2039 Notes AGGREGATE PRINCIPAL AMOUNT OFFERED: 2026 Notes: €1,000,000,000 2030 Notes: €1,250,000,000 2039 Notes: €750,000,000 REFERENCE EUR MIDSWAP RATE: 2026 Notes: -0.451% 2030 Notes: -0.227% 2039 Notes: 0.090% REOFFER SPREAD TO EUR MIDSWAP: 2026 Notes: + 75 bps 2030 Notes: + 105 bps 2039 Notes: + 175 bps REFERENCE GOVERNMENT SECURITY: 2026 Notes: DBR 0.500 due February 15, 2026 2030 Notes: DBR 0.000 due August 15, 2029 2039 Notes: DBR 4.250 due July 4, 2039 REFERENCE GOVERNMENT PRICE: 2026 Notes: 109.16% 2030 Notes: 106.98% 2039 Notes: 195.77% REOFFER SPREAD TO GOVERNMENT SECURITY: 2026 Notes: + 117.4 bps 2030 Notes: + 149.9 bps 2039 Notes: + 222.8 bps PRICE TO PUBLIC (ISSUE PRICE): 2026 NotesGROSS SPREAD: 99.686% 2030 Notes: 99.771% 2039 Notes: 99.335% REOFFER YIELD: 2026 Notes: 0.299% 2030 Notes: 0.823% 2039 Notes: 1.840% FEES: 2026 Notes: 27.5 bps 2030 Notes: 35 bps 2039 Notes: 50 bps PRICE TO AT&T: 2026 Notes: 99.411% 2030 Notes: 99.421% 2039 Notes: 98.835% NET PROCEEDS: 2026 Notes: €994,110,000 2030 Notes: €1,242,762,500 2039 Notes: €741,262,500 USE OF PROCEEDS: AT&T intends to use these proceeds to pay down amounts outstanding under its $3.55 billion term loan credit agreement, dated as of November 20, 2018, with Bank of America, N.A., as agent and its $2.85 billion syndicated term loan credit agreement, dated as of January 31, 2019, with certain investment and commercial banks and Citibank, N.A., as administrative agent. UNDERWRITERS’ REIMBURSEMENT OF AT&T’S EXPENSES: Underwriters to reimburse $1,500,000 of AT&T’s expenses. INTEREST RATE: 2026 Notes: 0.250% per annum 2030 Notes: 0.800% per annum 2039 Notes: 1.800% per annum INTEREST PAYMENT DATES: Annually DENOMINATIONS: OPTIONAL REDEMPTION: TAX GROSS UP: TAX CALL: INDENTURE AND RANKING: RATINGS: JOINT BOOKRUNNERS: CUSIP NUMBER: REFERENCE DOCUMENT: THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING XXXXX ON THE SEC WEB SITE AT XXX.XXX.XXX. ALTERNATIVELY, THE ISSUER, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING TOLL-FREE [ REPRESENTATIVE ] AT 1-(800)- -. ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. A SECURITIES RATING IS NOT A RECOMMENDATION TO BUY, SELL OR HOLD SECURITIES AND MAY BE REVISED OR WITHDRAWN AT ANY TIME. EXHIBIT A AT&T INC. DELAYED DELIVERY CONTRACT , 20 AT&T Inc. 000 X. Xxxxx Street Dallas, Texas 75202 Ladies and Gentlemen: The undersigned hereby agrees to purchase from AT&T Inc., a Delaware corporation (the “Company”), and the Company hereby agrees to sell to the undersigned, $ principal amount of the Company’s above-captioned securities (“Securities”), offered by the Company’s prospectus, dated , as supplemented by the prospectus supplement, dated (collectively, the “Prospectus”), receipt of a copy of which is hereby acknowledged, at a purchase price of % of the principal amount thereof plus accrued interest from to the Delivery Date (as defined in the next paragraph) and on March 4the further terms and conditions set forth in this Contract. Payment for and delivery of the Securities to be purchased by the undersigned shall be made on , commencing 20 , herein called the “Delivery Date”. At 10:00 A.M., New York time, on March 4the Delivery Date, 2020the Securities to be purchased by the undersigned hereunder will be delivered by the Company to the undersigned, and the undersigned will accept delivery of such Securities and will make payment to the Company of the purchase price therefore at the office of The Bank of New York Mellon Trust Company, N.A. Payment will be by certified or official bank check or wire transfer payable in Federal (same day) funds settled through the New York Clearing House, or such other Clearing House as the Company may designate, to or upon the order of the Company. The Securities will be delivered in such authorized forms and denominations and registered in such names as the undersigned may designate by written or telegraphic communication addressed to the Company not less than two full business days prior to the Delivery Date or, if the undersigned fails to make a timely designation in the foregoing manner, in the form of one definitive fully registered certificate representing the Securities in the above principal amount, registered in the name of the undersigned. This Contract will terminate and be of no further force and effect after , 20 , unless (i) on or before such date it shall have been executed and delivered by both parties hereto and (ii) the Company shall have sold to the Underwriters named in the Prospectus the Immediate Delivery Underwritten Securities (as defined in the Underwriting Agreement referred to in the Prospectus). The Company will mail or deliver to the undersigned at its address set forth below a notice to that effect, stating the date of the occurrence thereof, accompanied by copies of the opinion of counsel for the 2026 Notes Company delivered to such Underwriters pursuant to Paragraph 11(d) of the Underwriting Agreement. The obligation of the undersigned to accept delivery of and make payment for the Securities on the Delivery Date will be subject to the condition that the Securities shall not, on the Delivery Date, be an investment prohibited by the laws of the jurisdiction to which the undersigned is subject, the undersigned hereby representing that such an investment is not so prohibited on the date hereof. This Contract will inure to the benefit of and be binding upon the parties hereto and their respective successors but will not be assignable by either party hereto without the written consent of the other. This Contract may be executed by any of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the 2030 Notessame instrument. Annually It is understood that acceptance of any Delayed Delivery Contract (as defined in said Underwriting Agreement) is in the Company’s sole discretion and, without limiting the foregoing, need not be on September 14a first-come, commencing on September 14first-served basis. If this Contract is acceptable to the Company, 2020it is requested that the Company sign the form of acceptance below and mail or deliver one of the counterparts hereof to the undersigned at its address set forth below. This will become a binding contract between the Company and the undersigned when such counterpart is so mailed or delivered. Very truly yours, for the 2039 NotesBy Title Address Accepted as of , 20 AT&T INC. DENOMINATIONS: Minimum of €100,000 and integral multiples of €1,000 in excess thereof.By
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Samples: At&t Inc.
