Company Description
The ticker symbol TBC on the New York Stock Exchange has been used to identify a specific series of AT&T Inc. debt securities: AT&T Inc. 5.625% Global Notes due 2067. These securities are distinct from AT&T Inc.’s common stock (which trades under the symbol T) and from its preferred stock depositary shares and other global notes that trade under separate symbols. The TBC symbol therefore relates to a particular long-dated note issued by AT&T Inc., rather than to an operating company or a share of common equity.
According to an AT&T announcement distributed via PR Newswire, AT&T redeemed the outstanding principal amount of its 5.625% Global Notes due 2067, which were identified on the New York Stock Exchange by the ticker symbol TBC. The redemption was carried out at a price equal to 100% of the principal amount of the notes plus accrued interest payable through December 11, 2024. This redemption effectively retired the notes that had been trading under the TBC symbol.
AT&T Inc. is a large telecommunications company whose securities are registered under Section 12(b) of the Securities Exchange Act of 1934. In its Form 8-K filings, AT&T lists a range of securities that trade on the New York Stock Exchange, including its common shares (symbol T), various depositary shares representing interests in perpetual preferred stock, and multiple series of global notes with different coupon rates, maturities, and trading symbols. The 5.625% Global Notes due 2067 associated with TBC were one of these listed debt instruments.
The TBC-linked notes were part of AT&T’s broader capital structure, which includes numerous global note series with maturities extending across multiple decades. These notes are identified in AT&T’s SEC filings by their coupon rate, maturity date, and corresponding exchange trading symbol. While the 5.625% Global Notes due 2067 have been redeemed, AT&T continues to have other global notes outstanding that trade under different symbols, such as TBB and various series maturing between 2025 and 2066.
Because TBC represents a redeemed debt security rather than an active equity issue, investors researching this symbol are typically interested in the historical terms of the notes, their redemption, and how they fit into AT&T’s overall financing activities. Information about the redemption and the role of these notes within AT&T’s capital markets activity can be found in AT&T’s public announcements and SEC reports, including Form 8-K filings that describe material events related to its securities.
Trading status and historical context
The redemption announcement for the 5.625% Global Notes due 2067 indicates that AT&T paid the outstanding principal amount plus accrued interest to noteholders. Once such a redemption is completed, the associated exchange-traded symbol, in this case TBC, generally reflects a security that has been retired. As a result, TBC is best understood as a historical reference to a redeemed AT&T debt issue rather than as a currently active investment vehicle.
In AT&T’s SEC filings, the company lists numerous other global notes that remain registered and trade on the New York Stock Exchange. These include notes with coupon rates and maturities such as 3.550% Global Notes due November 18, 2025 (symbol T 25B), 3.500% Global Notes due December 17, 2025 (symbol T 25), and 5.350% Global Notes due November 1, 2066 (symbol TBB), among many others. This context helps clarify that TBC fit within a broader program of long-term debt issuance by AT&T.
Relationship to AT&T Inc.
AT&T Inc. is the issuer of the 5.625% Global Notes due 2067 that traded under the TBC symbol. In its public communications, AT&T describes itself as a company that connects U.S. families, individuals, and businesses through telecommunications services, including wireless and internet offerings. The notes associated with TBC were one of the ways AT&T accessed the capital markets to support its business activities. While the TBC notes have been redeemed, AT&T’s other securities, such as its common shares and other global notes, remain listed and are detailed in its SEC filings.
How investors may use TBC information
For investors and researchers, the history of the TBC symbol is relevant when reviewing AT&T’s past financing decisions, the structure of its long-term obligations, and the terms under which specific series of notes were issued and later redeemed. The redemption details, including the redemption price and the treatment of accrued interest, are documented in AT&T’s public announcement. Additional context on AT&T’s registered securities, including other global notes and their trading symbols, is available in its Form 8-K filings that list securities registered pursuant to Section 12(b) of the Exchange Act.