AT&T Inc. Announces Filing of a Registration Statement for Potential IPO of Minority Stake in DIRECTV Latin America
March 07 2018 - 6:14AM
Business Wire
AT&T Inc.* (NYSE: T) today announced the filing of a
registration statement with the U.S. Securities and Exchange
Commission for a potential initial public offering (IPO) of a
minority interest in the Class A common stock of Vrio Corp., a
holding company for its Latin American digital entertainment
services unit, DIRECTV Latin America.
A registration statement on Form S-1 relating to these
securities has been filed with the U.S. Securities and Exchange
Commission but has not yet become effective. These securities may
not be sold, nor may offers to buy be accepted, prior to the time
the registration statement becomes effective. This news release
shall not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of these securities in
any state or jurisdiction in which such offer, solicitation or sale
would be unlawful, prior to registration or qualification under the
securities laws of any such state or jurisdiction.
Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC,
Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC will
act as the joint book-running managers for the IPO. The offering
will be made only by means of a prospectus. When available, copies
of the preliminary prospectus relating to the offering may be
obtained from:
- Goldman Sachs & Co. LLC, Attention:
Prospectus Department, 200 West Street, New York, NY 10282, by
telephone at (866) 471-2526, by facsimile at (212) 902-9316 or by
email at prospectus-ny@ny.email.gs.com;
- J.P. Morgan Securities LLC, Attention:
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood,
NY 11717 or by telephone at (866) 803-9204;
- Citigroup Global Markets Inc.,
Attention: Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717 or by telephone at (800) 831-9146; and
- Morgan Stanley & Co. LLC,
Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New
York, NY 10014.
*About AT&T
AT&T Inc. (NYSE: T) is a holding company. AT&T products
and services are provided or offered by subsidiaries and affiliates
of AT&T Inc. under the AT&T brand and not by AT&T
Inc.
© 2018 AT&T Intellectual Property. All rights reserved.
AT&T, the Globe logo and other marks are trademarks and service
marks of AT&T Intellectual Property and/or AT&T affiliated
companies. All other marks contained herein are the property of
their respective owners.
Cautionary Language Concerning Forward-Looking
Statements
Information set forth in this news release contains financial
estimates and other forward-looking statements that are subject to
risks and uncertainties, and actual results might differ
materially. A discussion of factors that may affect future results
is contained in AT&T’s filings with the U.S. Securities and
Exchange Commission. AT&T disclaims any obligation to update
and revise statements contained in this news release based on new
information or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20180307005563/en/
Gladstone Place PartnersDanielle Belopotosky,
212-230-5930dbelopotosky@gladstoneplace.comorFelipe Ucrós,
212-230-5930fucros@gladstoneplace.com
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