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AT&T Sells $17.5 Billion of Bonds in 3rd-Biggest Corporate Deal

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For those who have forgotten how eager investors are for yield look no further than AT&T Inc.

The U.S. wireless provider sold $17.5 billion of bonds in the third-biggest corporate debt offering on record. It shaved about $10 million in annual interest costs from the biggest piece of the deal after receiving investor orders that were almost four times the amount offered.