AT&T launches benchmark multi-tranche Kangaroo deal
- Thursday, 13 September 2018
On 13 September, AT&T (BBB/Baa2/A-) launched a new, benchmark Kangaroo deal. The transaction is comprised of five-year tranches in fixed- and floating-rate formats with indicative price guidance of 125-130 basis points area over swap benchmarks, as well as long-seven-year and 10-year fixed-rate tranches, being marketed at 170 basis points area and 200 basis points area over semi-quarterly swap respectively.
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