LONDON - U.S. telecoms carrier AT&T Inc has set the size of a planned two-part bond at 1.85 billion pounds ($2.7 billion), IFR reported on Friday.
Guidance for a 750 million pound eight-year bond has been tightened to gilts plus 285 basis points from an initial range of 290 to 295 basis points, said IFR Markets, a Thomson Reuters online news and market analysis service.
Guidance on a 1.1 billion pound 31-year bond has tightened to gilts plus 255 basis points from an initial range of 260 to 265 basis points, said IFR.
Barclays, Deutsche Bank and UBS have been named to manage the deal, IFR said.
(Reporting by Jane Baird)