AT&T Secures $29.5 Billion in Amended Credit and Term Loan Agreements
AT&T Inc. has entered into significant new financing arrangements, including a $12 billion Second Amended and Restated Credit Agreement with Citibank, N.A. as agent, which amends and restates its prior credit agreement. Additionally, the company secured a $17.5 billion Delayed Draw Term Loan Credit Agreement with Bank of America, N.A. as agent. The term loan consists of a $6 billion 364-day facility and an $11.5 billion two-year facility, both available for a single draw before November 3, 2026. Proceeds from these agreements will be used for general corporate purposes, including potential acquisitions of additional spectrum. Interest rates for advances under both agreements will be determined at AT&T's option based on variable rates, including reference to the prime rate, federal funds rate, or SOFR, plus an applicable margin.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AT&T Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-262515), on November 03, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.