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Proceeds will be used to repay $3.25 bln of debt maturing this year.
Telecom raises funds to help pay $3.25 bln of debt that matures this year.
Passive funds aim to please fee-conscious 401 (k) plan sponsors. (Chip Castille of BlackRock)
Opposing rulings on individual mandate means Supreme Court likely to hear dispute.
Cost to protect debt of U.S. companies hits highest level in more than a year.
Fluor, Softbank and Huntsman all plan to repurchase shares.