Especially when the company is rated 2 steps above junk status.
https://finance.yahoo.com/news/t-plans-bond-sale-help-135028037.html
4 replies (most recent on top)
Honestly people, T isn’t on its last legs. Lots of FCF, dividend well covered, a large competitive moat and a huge number of shares held as bond proxies by pension funds and investment firms. When those folks sell off en masse it’s time to worry.
wouldn't touch them with a ten foot pole.
Morron city,upps, I mean the C- Suite City proceeds of Wednesday’s bond sale, along with cash, ....Ummmm..........What Cash?
will go toward repaying some bonds issued by the company as well as subsidiaries of DirecTV, which AT&T bought in 2015 for $49 billion, Bloomberg said in the report.
As You see they are Still paying for a loser product, Keep it going Randy boy, you have not choice, LMAO
SeekingAlpha Will.