AT&T goes large and long for Swiss debut

By GlobalCapital
13 Nov 2014

AT&T made a ground-breaking debut in Swiss francs on Wednesday, printing not only the largest corporate deal of the year but also the longest ever tranche in the currency from a corporate issuer.

The US telco raised a total of Sfr1.05bn ($1.1bn) in a triple-tranche deal that comprised a Sfr450m five year, a Sfr450m 10 year and a 150m 16 year.

All three tranches priced in line with guidance, at 40bp over mid-swaps for the December 2019s, 75bp over for the ...

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