AT&T Sells $3 Billion of Bonds in Its First Offering Since July

AT&T Inc. raised $3 billion in its first corporate bond offering since July, as the second-largest U.S. wireless carrier faces $3.25 billion in debt maturities this year.

AT&T’s $1.75 billion of five-year, 2.95 percent notes yield 97 basis points more than similar-maturity Treasuries and its $1.25 billion of 10-year, 4.45 percent notes pay a spread of 115 basis points, according to data compiled by Bloomberg.