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AT&T Sets Pricing On Sterling 32Y Bond At Gilts +1.75 Area

LONDON -(Dow Jones)- AT&T Inc., (T) has set pricing on its sterling-denominated, benchmark-size, 32-year bond in the area of 175 basis point of the corresponding gilt, one of the banks running the deal said Tuesday. Deutsche Bank AG and UBS AG are the lead managers on the deal, which is expected to price later Tuesday. The issuer is rated A2 by Moody's Investors Services Inc., A- by Standard and Poor's Corp., and A by Fitch Ratings. - By Sarka Halas, Dow Jones Newswires; +44 (0) 207 842 9236; Sarka.Halasova@dowjones.com

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