ISSUER:
|
AT&T Inc. | ||
TITLE OF SECURITIES:
|
Floating Rate Notes due 2008 (the “Floating Rate Notes”) | ||
| 6.800% Notes due 2036 (the “Fixed Rate Notes”) | |||
TRADE DATE:
|
May 15, 2006 | ||
SETTLEMENT DATE (T+3):
|
May 18, 2006 | ||
MATURITY DATE:
|
Floating Rate Notes: | May 15, 2008 | |
| Fixed Rate Notes: | May 15, 2036 | ||
AGGREGATE PRINCIPAL AMOUNT
|
Floating Rate Notes: | $900,000,000 | |
OFFERED:
|
Fixed Rate Notes: | $600,000,000 | |
PRICE TO PUBLIC (ISSUE PRICE):
|
Floating Rate Notes: Fixed Rate Notes: |
100.000% 99.608% |
|
GROSS SPREAD:
|
Floating Rate Notes: Fixed Rate Notes: |
0.150% 0.875% |
|
PRICE TO AT&T INC.:
|
Floating Rate Notes: Fixed Rate Notes: |
99.850% 98.733% |
|
NET PROCEEDS:
|
Floating Rate Notes:
Fixed Rate Notes: |
$898,650,000 $592,398,000 |
|
UNDERWRITERS’ REIMBURSEMENT
OF AT&T INC.’s EXPENSES:
|
Underwriters to reimburse $525,000 of AT&T Inc.’s expenses | ||
INTEREST RATE:
|
Floating Rate
Notes: Fixed Rate Notes: |
Applicable LIBOR Rate plus 9 basis points 6.800% per annum |
|
INTEREST PAYMENT DATES:
|
Floating Rate Notes: Quarterly on each February 15, May 15, August 15 and November 15, commencing August 15, 2006; provided however, that if any such | ||
| interest payment date would fall on a day that is not a LIBOR business day, other 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 period from and after such date of maturity. | ||
| Fixed Rate Notes: Semi-annually on each May 15 and November 15, commencing on November 15, 2006 | ||
DENOMINATIONS:
|
Floating Rate Notes: Minimum of $2,000 and integral multiples of $1,000 thereafter | |
| Fixed Rate Notes: Minimum of $2,000 and integral multiples of $1,000 thereafter | ||
OPTIONAL REDEMPTION:
|
Floating Rate Notes: N/A | |
| Fixed Rate Notes: At any time, in 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:
|
Floating Rate Notes: ABN AMRO Incorporated, Goldman, Sachs & Co. and Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Fixed Rate Notes: ABN AMRO Incorporated, Goldman, Sachs & Co. and Merrill Lynch, Pierce, Fenner & Smith Incorporated |
| Floating Rate Notes | Fixed Rate Notes | |||||||
ABN AMRO Incorporated |
$ | 215,982,000 | $ | 143,988,000 | ||||
Goldman, Sachs & Co. |
215,982,000 | 143,988,000 | ||||||
Merrill Lynch, Pierce, Fenner & |
||||||||
Smith Incorporated |
215,982,000 | 143,988,000 | ||||||
Citigroup Global Markets Inc. |
45,000,000 | 30,000,000 | ||||||
UBS Securities LLC |
45,000,000 | 30,000,000 | ||||||
Wachovia Capital Markets, LLC |
45,000,000 | 30,000,000 | ||||||
Credit Suisse Securities (USA) LLC |
16,722,000 | 11,148,000 | ||||||
HSBC Securities (USA) Inc. |
16,722,000 | 11,148,000 | ||||||
Loop Capital Markets, LLC |
16,722,000 | 11,148,000 | ||||||
Mitsubishi UFJ Securities International plc |
16,722,000 | 11,148,000 | ||||||
Morgan Stanley & Co. Incorporated |
16,722,000 | 11,148,000 | ||||||
Samuel A. Ramirez & Co., Inc. |
16,722,000 | 11,148,000 | ||||||
Greenwich Capital Markets, Inc. |
16,722,000 | 11,148,000 | ||||||
| $ | 900,000,000 | $ | 600,000,000 | |||||
REFERENCE DOCUMENT:
|
Prospectus Supplement dated May 15, 2006; Prospectus dated May 24, 2005. |