|Day's Range||103.11 - 103.87|
|52 Week Range||101.01 - 120.44|
|PE Ratio (TTM)||26.51|
|Dividend & Yield||3.32 (3.21%)|
|1y Target Est||N/A|
Nos. 2 and 5 will leave you scratching your head.
AT&T Inc. is the fourth non-bank issuer of maple bonds this month, joining a growing group of global companies taking advantage of attractive funding terms and demand from Canadian investors looking for alternatives. Its return to the maple market after almost four years comes on the back of recent debut offerings from United Parcel Service Inc. and PepsiCo Inc., as well as Anheuser-Busch InBev SA’s return after a four-year hiatus with a C$2 billion sale, Canada’s largest non-bank corporate bond offering since 2011. One of the reasons for the increased issuance is that unhedged funding costs in the Canadian dollar are now more attractive relative to the U.S. market.