Bond ATT 6.15% ( US78387GAQ64 ) in USD

Issuer ATT
Market price refresh price now   100 %  ▼ 
Country  United States
ISIN code  US78387GAQ64 ( in USD )
Interest rate 6.15% per year ( payment 2 times a year)
Maturity 15/09/2034



Prospectus brochure of the bond AT&T US78387GAQ64 en USD 6.15%, maturity 15/09/2034


Minimal amount 2 000 USD
Total amount 420 058 000 USD
Cusip 78387GAQ6
Standard & Poor's ( S&P ) rating BBB ( Lower medium grade - Investment-grade )
Moody's rating Baa2 ( Lower medium grade - Investment-grade )
Next Coupon 15/09/2025 ( In 113 days )
Detailed description AT&T is a multinational telecommunications conglomerate offering telecommunications, media, and technology services worldwide.

The Bond issued by ATT ( United States ) , in USD, with the ISIN code US78387GAQ64, pays a coupon of 6.15% per year.
The coupons are paid 2 times per year and the Bond maturity is 15/09/2034

The Bond issued by ATT ( United States ) , in USD, with the ISIN code US78387GAQ64, was rated Baa2 ( Lower medium grade - Investment-grade ) by Moody's credit rating agency.

The Bond issued by ATT ( United States ) , in USD, with the ISIN code US78387GAQ64, was rated BBB ( Lower medium grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.







DEFINITIVE PROSPECTUS SUPPLEMENT
424B5 1 d424b5.htm DEFINITIVE PROSPECTUS SUPPLEMENT
Table of Contents
Filed pursuant to Rule 424(b)(5)
SEC File Nos. 333-105774 and 333-36926
PROSPECTUS SUPPLEMENT
(To Prospectus dated November 10, 2003)

U.S.$5,000,000,000


SBC Communications Inc.

U.S.$2,250,000,000 4.125% Global Notes due 2009
U.S.$2,250,000,000 5.100% Global Notes due 2014
U.S.$500,000,000 6.150% Global Notes due 2034

We will pay interest on the 4.125% global notes due 2009 (the "2009 Notes"), 5.100% global notes due 2014 (the
"2014 Notes") and the 6.150% global notes due 2034 (the "2034 Notes" and, together with the 2009 Notes and
the 2014 Notes, the "notes") on March 15 and September 15 of each year. The first such payment will be made
on March 15, 2005. We may redeem some or all of the notes at any time at the "make-whole premium" price
indicated under the heading "Description of the Notes--Optional Redemption" beginning on page S-12 of this
prospectus supplement. The notes will be issued in minimum denominations of $2,000 and integral multiples of
$1,000.
We have applied to have the notes listed on the Luxembourg Stock Exchange in accordance with the rules
thereof.

Neither the Securities and Exchange Commission nor any other regulatory body has approved or
disapproved of these securities or passed upon the accuracy or adequacy of this prospectus supplement or
the accompanying prospectus. Any representation to the contrary is a criminal offense.


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DEFINITIVE PROSPECTUS SUPPLEMENT
Per 2009
Per 2014
Per 2034
Note
Total
Note
Total
Note
Total







Initial public offering price
99.978% $2,249,505,000 99.891% $2,247,547,500 99.778% $498,890,000
Underwriting discount
0.350% $
7,875,000 0.450% $ 10,125,000 0.875% $ 4,375,000
Proceeds, before expenses, to
SBC
99.628% $2,241,630,000 99.441% $2,237,422,500 98.903% $494,515,000
The initial public offering prices set forth above do not include accrued interest, if any. Interest on the notes will
accrue from November 3, 2004 and must be paid by the purchasers if the notes are delivered after November 3,
2004.

The underwriters expect to deliver the notes through the facilities of The Depository Trust Company, Clearstream
and Euroclear against payment in New York, New York on November 3, 2004.

Joint Book-Running Managers for All Series of Notes
Citigroup
JPMorgan
Barclays Capital




Senior Co-Managers for All Series of Notes
ABN AMRO Incorporated
Banc of America Securities LLC

Deutsche Bank Securities
Goldman, Sachs & Co.


Co-Managers for All Series of Notes
Credit Suisse First Boston

HSBC

Lehman Brothers
Merrill Lynch & Co.

Morgan Stanley

UBS Investment Bank
Co-Managers for 2009 Notes
Co-Managers for 2014 Notes

Co-Managers for 2034 Notes
RBS Greenwich Capital

Blaylock & Partners, L.P.

Guzman & Company
Siebert Capital Markets

The Williams Capital Group, L.P.
Utendahl Capital

Prospectus Supplement dated October 27, 2004.
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Table of Contents
No dealer, salesperson or other person is authorized to give any information or to represent anything not
contained in this prospectus supplement and the accompanying prospectus. You must not rely on any
unauthorized information or representations. This prospectus supplement and the accompanying
prospectus are an offer to sell only the notes offered hereby, but only under circumstances and in
jurisdictions where it is lawful to do so. The information contained in this prospectus supplement and the
accompanying prospectus is current only as of its date.


TABLE OF CONTENTS

Page


Prospectus Supplement

Special Note Regarding Forward-Looking Statements

S-1
Summary of the Offering

S-3
SBC Communications Inc.

S-4
Use of Proceeds

S-5
Recent Developments

S-5
Capitalization

S-8
Summary Financial Information

S-9
Ratio of Earnings to Fixed Charges
S-10
Management
S-10
Description of the Notes
S-12
United States Tax Considerations
S-20
Underwriting
S-24
Validity of Securities
S-26
Experts
S-27
Where You Can Find More Information--Documents Incorporated by Reference
S-27
General Information
S-27
Prospectus

Description of SBC Communications Inc.

1
Ratio of Earnings to Fixed Charges

1
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Use of Proceeds

1
Summary Description of the Securities We May Issue

1
Description of Debt Securities We May Offer

2
Description of Preferred Stock

13
Description of Depositary Shares

14
Description of Common Stock

18
Plan of Distribution

20
Validity of Securities

21
Experts

21
Documents Incorporated by Reference

21
Where You Can Find More Information

22

i
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You should rely only on the information contained or incorporated by reference in this prospectus
supplement and the accompanying prospectus. We have not, and the underwriters have not, authorized
any other person to provide you with different information. If anyone provides you with different or
inconsistent information, you should not rely on it. We are not, and the underwriters are not, making an
offer to sell these securities in any jurisdiction where the offer or sale is not permitted. You should assume
that the information appearing in this prospectus supplement and the accompanying prospectus, as well as
information we previously filed with the Securities and Exchange Commission and incorporated by
reference, is accurate as of their respective dates. Our business, financial condition, results of operations
and prospects may have changed since those dates.
The Luxembourg Stock Exchange takes no responsibility for the contents of this document, makes no
representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any
loss howsoever arising from or in reliance upon the whole or any part of the contents of this prospectus
supplement and accompanying prospectus.
Having made all reasonable inquiries, we confirm that this prospectus supplement and the accompanying
prospectus are true and accurate in all material respects and are not misleading, that the opinions and intentions
expressed herein are honestly held and that there are no other facts the omission of which makes this prospectus
supplement or the accompanying prospectus, including any information incorporated by reference herein, as a
whole, or any of such information or the expression of any such opinions or intentions misleading. We accept
responsibility accordingly.
To the extent there is a conflict between the information contained in this prospectus supplement, on the one
hand, and the information contained in the accompanying prospectus, on the other hand, the information
contained in this prospectus supplement shall control. If any statement in this prospectus supplement conflicts
with any statement in a document which we have incorporated by reference, then you should consider only the
statement in the more recent document.
This prospectus supplement and the accompanying prospectus may only be used for the purposes for which they
have been published.
In this prospectus supplement, "we," "our," "us" and "SBC" refer to SBC Communications Inc. and its
consolidated subsidiaries.
We are offering the notes globally for sale in those jurisdictions in the United States, Europe, Asia and elsewhere
where it is lawful to make such offers. The distribution of this prospectus supplement and the accompanying
prospectus and the offering of the notes in some jurisdictions may be restricted by law. Persons who receive this
prospectus supplement and the accompanying prospectus should inform themselves about and observe any such
restrictions. This prospectus supplement and the accompanying prospectus do not constitute, and may not be used
in connection with, an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not
authorized or in which the person making such offer or solicitation is not authorized or in which the person
making such offer or solicitation is not qualified to do so or to any person to whom it is unlawful to make such
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offer or solicitation. See "Underwriting" beginning on page S-24.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
Statements in this prospectus supplement, the accompanying prospectus and the incorporated documents that are
not historical facts are hereby identified as "forward-looking statements" for the purpose of the safe harbor
provided by Section 21E of the Exchange Act and Section 27A of the Securities Act. Although we believe that
our expectations are based on reasonable assumptions within the bounds of our knowledge of our business and
operations, there can be no assurance that actual results will not differ materially from our expectations. Factors
that could cause actual results to differ from expectations include:

· adverse economic changes in the markets served by SBC, or countries in which SBC has significant

investments;

S-1
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DEFINITIVE PROSPECTUS SUPPLEMENT
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· changes in available technology and the effects of such changes, including product substitutions and

deployment costs;


· uncertainty in the U.S. securities market and adverse medical cost trends;

· the final outcome of FCC proceedings and re-openings of such proceedings, including the Triennial
Review and other rulemakings, and judicial review, if any, of such proceedings, including issues relating

to access charges, availability and pricing of unbundled network elements and platforms (UNE-Ps) and
unbundled loop and transport elements (EELs);

· the final outcome of state regulatory proceedings in the 13-state area in which our wireline subsidiaries
operate (13-state area) and re-openings of such proceedings, and judicial review, if any, of such

proceedings, including proceedings relating to interconnection terms, access charges, universal service,
UNE-Ps and resale and wholesale rates, broadband deployment, performance measurement plans, service
standards and traffic compensation;

· enactment of additional state, Federal and/or foreign regulatory laws and regulations pertaining to our

subsidiaries and foreign investments;

· our ability to absorb revenue losses caused by UNE-P requirements and increasing competition including

product/service offerings using alternative technologies (e.g., cable, wireless and VoIP) and to maintain
capital expenditures;

· the extent of competition in our 13-state area and the resulting pressure on access line totals and wireline

and wireless operating margins;

· our ability to develop attractive and profitable product/service offerings to offset increasing competition

in our wireline and wireless markets;

· the ability of our competitors to offer product/service offerings at lower prices due to adverse regulatory

decisions, including state regulatory proceedings relating to UNE-Ps and non-regulation of comparable
alternative technologies (e.g., VoIP);

· the issuance by the Financial Accounting Standards Board or other accounting oversight bodies of new

accounting standards or changes to existing standards;

· the impact of the wireless joint venture with BellSouth Corporation, known as Cingular Wireless,
including marketing and product development efforts, customer acquisition and retention costs, access to

additional spectrum, network upgrades, technological advancements, industry consolidation, and
availability and cost of capital;

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· Cingular's failure to achieve, in the amounts and within the time frame expected, the capital and expense

synergies and other benefits expected from its acquisition of AT&T Wireless and our costs in financing
our portion of the merger's purchase price; and

· changes in our corporate strategies, such as changing network requirements or acquisitions and

dispositions, to respond to competition and regulatory and technology developments.
Readers are cautioned that other factors discussed in the documents incorporated by reference in this prospectus
supplement and accompanying prospectus, although not enumerated here, also could materially impact our future
earnings.
You should not construe these cautionary statements as an exhaustive list or as any admission by us regarding the
adequacy of our disclosures. We cannot always predict or determine after the fact what factors would cause
actual results to differ materially from those indicated by our forward-looking statements or other statements. In
addition, you are urged to consider statements that include the terms "believes," "belief," "expects," "plans,"
"objectives," "anticipates," "intends" or the like to be uncertain and forward-looking. All cautionary statements
should be read as being applicable to all forward-looking statements wherever they appear.
We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the
forward-looking events discussed herein might not occur.

S-2
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SUMMARY OF THE OFFERING
Issuer
SBC Communications Inc.
Securities Offered
U.S.$2,250,000,000 principal amount of 4.125% global notes due 2009.


U.S.$2,250,000,000 principal amount of 5.100% global notes due 2014.


U.S.$500,000,000 principal amount of 6.150% global notes due 2034.
Maturity Dates
September 15, 2009 for the 2009 Notes.


September 15, 2014 for the 2014 Notes.


September 15, 2034 for the 2034 Notes.
Interest Rates
The notes will bear interest from November 3, 2004 at the rate of
4.125% per annum for the 2009 Notes, 5.100% per annum for the 2014
Notes and 6.150% per annum for the 2034 Notes, in each case payable
semi-annually in arrears in two equal payments.
Interest Payment Dates
March 15 and September 15 of each year, commencing on March 15,
2005.
Optional Redemption
The notes are redeemable at any time, in whole or in part, at redemption
prices equal to their principal amount plus a "make-whole premium," if
any, and accrued and unpaid interest to the redemption date. See
"Description of the Notes­Optional Redemption."
Markets
The notes are offered for sale in those jurisdictions in the United States,
Europe and Asia where it is legal to make such offers. See
"Underwriting."
Listing
Application has been made to list the notes on the Luxembourg Stock
Exchange.

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Form and Settlement
Our notes will be issued in the form of one or more fully registered
global notes which will be deposited with, or on behalf of, The
Depository Trust Company--known as DTC--as the depositary, and
registered in the name of Cede & Co., DTC's nominee. Beneficial
interests in the global notes will be represented through book-entry
accounts of financial institutions acting on behalf of beneficial owners
as direct and indirect participants in DTC. Investors may elect to hold
interests in the global notes through either DTC (in the United States),
Clearstream Banking, Société Anonyme, or Euroclear Bank S.A./N.V.,
as operator of the Euroclear System (outside of the United States), if
they are participants of these systems, or indirectly through
organizations which are participants in these systems. Cross-market
transfers between persons holding directly or indirectly through DTC
participants, on the one hand, and directly or indirectly through
Clearstream or Euroclear participants, on the other hand, will be
effected in accordance with DTC rules on behalf of the relevant
international clearing system by its U.S. depositary.
Governing Law
The notes will be governed by the laws of the State of New York.

S-3
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