AT&T Completes U.S. Dollar Debt Repurchase Offer

AT&T announced that it has successfully completed its offer to repurchase for cash any and all of its outstanding 6.500% notes due 15-Nov-2006, which now carry an interest rate of 7.250%. As of the expiration, assuming proper settlement of all transactions, AT&T had repurchased $1,214,643,000 of the 6.500 percent Notes, representing approximately 81% of the principal amount outstanding. http://www.att.com