American Tower Completes $1.6 Billion Senior Notes Offering
Filed with the SEC on · Summarized by InvestorsBot
American Tower completed a registered offering of $1.6 billion of senior unsecured notes, consisting of $500 million due 2031 at 5.300%, $500 million due 2033 at 5.560% and $600 million due 2036 at 5.750%. The company received approximately $1.5799 billion in net proceeds and plans to repay $600 million of notes due in 2026, reduce borrowings under its revolving credit facility and fund general corporate purposes.