AT&T Inc. Announces Pricing of Its Capped Tender Offers - Seite 2

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(1) Per $1,000 principal amount of notes validly tendered, and not validly withdrawn, and accepted for purchase, at or prior to the expiration date for the tender offers; excludes the accrued coupon payment (as set forth in the Offer to Purchase) and assumes an early settlement date of August 12, 2020 for such series of notes.

* Denotes a series of notes for which the calculation of the applicable total consideration has been performed using the value of such notes as determined at the applicable price determination time (as set forth in the Offer to Purchase) as if the principal amount of such notes had been due on the applicable par call date.

The maximum aggregate principal amount of AT&T’s Floating Rate Global Notes due 2021 (July) that will be accepted is $1,214,359,000, the maximum aggregate principal amount of AT&T’s Floating Rate Global Notes due 2024 that will be accepted is $2,134,873,000, and the maximum aggregate principal amount of AT&T’s 3.400% Global Notes due 2025 that will be accepted is $2,675,326,000 (collectively, the “Maximum Tender Amounts”). AT&T is offering to purchase, up to such Maximum Tender Amounts, the notes specified in the table above from the holders of any such notes. AT&T reserves the right, subject to applicable law, to further increase or to decrease any or all of the Maximum Tender Amounts.

Only holders of notes who validly tendered their notes at or before 5:00 p.m., New York City time, on the early tender deadline of August 7, 2020, who did not validly withdraw their tenders and whose notes were accepted for purchase, will receive the applicable early tender premium set forth in the table above.

As of the early tender deadline, the Maximum Tender Amounts of each series of notes was met. As such, no additional notes tendered after the early tender deadline will be accepted.

Holders will also receive accrued and unpaid interest on the notes accepted for purchase from the last interest payment date for such notes to, but not including, the date AT&T makes payment for such notes, which is anticipated to be August 12, 2020, with respect to notes that were validly tendered and were not properly withdrawn at or prior to the early tender deadline.