On April 27, 2026, AT&T Inc. launched a significant multi-currency bond offering, issuing a total of $6.27 billion across five tranches. This includes three tranches denominated in US dollars, with maturities in 2036, 2056, and 2066, a sterling bond due in 2037, and two Canadian dollar bonds maturing in 2036 and 2056. This issuance follows earlier offerings in January and March of 2026, and a euro-denominated bond in September 2025.
The US dollar bonds were issued on April 27, 2026. This includes a $1.75 billion bond with a 5.25% coupon due in 2036, priced at 99.625% of its nominal value. Another tranche was a $2 billion bond with a 6.2% coupon maturing in 2056, sold at 100% of its nominal value. The final US dollar tranche was a $1 billion bond with a 6.3% coupon due in 2066, priced at 99.564% of its face value. These US dollar bonds bring AT&T's total US dollar issuance on this date to $4.75 billion.
In addition to the US dollar offerings on April 27, 2026, AT&T also issued a sterling bond. This bond, with a 3.55% coupon and maturing on September 15, 2037, has an issuance volume of 1 billion GBP, equivalent to approximately $1.3425 billion. Furthermore, on March 7, 2026, AT&T issued two tranches of Canadian dollar bonds totaling 2.25 billion CAD. These included a 1.25 billion CAD bond due in 2036 and a 1 billion CAD bond due in 2056, collectively equivalent to approximately $1.727 billion based on current exchange rates.
Combined, the US dollar, sterling, and Canadian dollar bonds initiated by AT&T as part of this multi-currency offering amount to roughly $4.75 billion (USD) + $1.3425 billion (GBP equivalent) + $1.727 billion (CAD equivalent) = $7.8195 billion, although the provided sources specify the USD tranches as part of the total. Including the earlier CAD issuance brings the total for these specified offerings to $6.27 billion across the five described tranches.
Leading underwriters for the US dollar eurobonds included Banco Bilbao (BBVA), JP Morgan, Mizuho Financial Group, Banco Santander, Societe Generale, SMBC Nikko Capital, Barclays, BNP Paribas, Citigroup, Commerzbank, Intesa Sanpaolo, Mitsubishi UFJ Financial Group, RBS, PNC Bank, and RBC Capital Markets.
