debt
confidence high
sentiment neutral
materiality 0.60
American Tower prices $1B senior notes offering in two tranches
AMERICAN TOWER CORP /MA/
- Issued $650M of 4.900% senior notes due 2030 and $350M of 5.350% senior notes due 2035.
- Net proceeds of ~$988.9M to repay 2.400% notes due 2025, revolver borrowings, and general corporate purposes.
- J.P. Morgan, BBVA, BofA, Citi, and Morgan Stanley are joint book-running managers.