AT&T (NYSE: T) announced Thursday the completion of the third largest corporate bond sale ever, $17.5 billion, to help pay for its $49 billion purchase of DirecTV (NASDAQ: DTV).
"The response was incredibly strong, perhaps even stronger than we had anticipated," said Andrew Karp, co-head of Bank of America Merrill Lynch's Americas investment-grade capital markets, which joined J.P. Morgan and Morgan Stanley in coordinating the deal. FierceTelecom has a complete look at AT&T's big financial move right here.