NET PROCEEDS:
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$2,487,550,000 for the 2027 Notes
$2,983,170,000 for the 2031 Notes
$2,477,250,000 for the 2041 Notes
$2,965,890,000 for the 2051 Notes
$1,481,610,000 for the 2060 Notes
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USE OF
PROCEEDS:
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AT&T intends to use the proceeds for the early
redemption or repayment of the following outstanding debt, and to pay related premiums, accrued interest and fees and expenses associated with such redemption or repayment:
$2,750,441,000 aggregate outstanding principal amount of 2.450% Global Notes due 2020 issued by
AT&T;
$1,430,000,000
aggregate outstanding principal amount of 5.500% Global Notes due 2047 issued by AT&T;
$682,696,000 aggregate outstanding principal amount of 4.600% Global Notes due 2021 issued by
AT&T;
$1,694,999,000
aggregate outstanding principal amount of 2.800% Global Notes due 2021 issued by AT&T;
$5,500,000,000 aggregate outstanding principal amount under AT&Ts Term Loan Credit
Agreement, dated as of April 6, 2020, with Bank of America, N.A., as agent, which bears interest at an annual interest rate of LIBOR plus 1.500%, and which matures on December 31, 2020; and
$400,000,000 aggregate
outstanding principal amount of the Tranche A facility under AT&Ts Term Loan Credit Agreement, dated as of September 20, 2019, with Bank of America, N.A., as agent, which bears interest at an annual interest rate of LIBOR plus 0.800%,
and which matures on December 31, 2020.
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