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BRIEFLY

AT&T said it is calling two Pacific Bell debt issues.

January 28, 1985

The company said that, effective March 1, it will call the two outstanding issues for which AT&T assumed financial responsibility at divestiture. The two issues are: $100 million of 40-year debentures maturing in 2020 with an interest rate of 15.5%, callable at 113.01% of face value; and, $200 million of eight-year notes due in 1988 with an interest rate of 15.125%, callable at 100.5% of face value. Both issues have five-year call protection provisions that expire March 1.

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