debt
confidence high
sentiment neutral
materiality 0.55
AMT prices $1.2B senior notes: $600M 5.000% due 2030, $600M 5.400% due 2035
AMERICAN TOWER CORP /MA/
- Priced $600M 5.000% senior notes due 2030 at 99.622% of face and $600M 5.400% notes due 2035 at 99.455%.
- Net proceeds ~$1,183.7M after underwriting discounts and expenses.
- Proceeds to repay borrowings under $6B and $4B revolving credit facilities.
- Joint book-runners: Barclays, Mizuho, RBC, Scotiabank, TD Securities.