American Tower Raises $850 Million in Senior Notes Offering to Repay Existing Debt

Reuters05:20
American Tower Raises $850 Million in Senior Notes Offering to Repay Existing Debt

American Tower Corporation has completed a registered public offering of $850 million in aggregate principal amount of 4.700% senior unsecured notes due 2032. The net proceeds of approximately $839.5 million, after deducting commissions and estimated expenses, will be used to repay existing indebtedness under the company's $4.0 billion senior unsecured revolving credit facility. The notes, which mature on December 15, 2032, were issued under an indenture with U.S. Bank Trust Company, National Association, as trustee. The agreement includes covenants limiting certain mergers, consolidations, asset sales, and the incurrence of liens, subject to specified exceptions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Tower Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-309718), on December 05, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment