TEXT-Fitch rates AT&T's notes 'A', outlook is negative

Feb 8 () - Fitch Ratings has assigned an 'A' rating to AT&T Inc.'s (AT&T) offering of $2.25 billion of senior unsecured notes due 2016. The offering consists of $1 billion 0.9% fixed rate notes and $1.25 billion of floating rate notes. Proceeds are expected to be used for general corporate purposes. AT&T's Issuer Default rating (IDR) is 'A', and the Rating Outlook is Negative. Key Rating Drivers The rating is supported by: --AT&T's financial flexibility; --The company's diversified revenue mix