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American Tower Prices $850 Million Senior Notes Offering
American Tower Corporation AMT | 181.15 | +2.07% |
American Tower Corporation (NYSE: AMT) has priced a registered public offering of senior unsecured notes due 2032 with an aggregate principal amount of $850 million. The 2032 notes carry an interest rate of 4.700% per annum and are being issued at 99.685% of their face value. Net proceeds from the offering are expected to be approximately $839.5 million, which the company intends to use to repay existing indebtedness under its $4.0 billion senior unsecured revolving credit facility. Full details of the prospectus are available by visiting the Securities and Exchange Commission's website at https://www.sec.gov.


