debt
confidence high
sentiment neutral
materiality 0.50
American Tower prices €500M 3.625% senior notes due 2032 to repay revolver
AMERICAN TOWER CORP /MA/
- Aggregate principal amount of €500M (approx. $562M) of senior unsecured notes maturing 2032.
- Interest rate 3.625% per annum; issued at 99.994% of face value.
- Net proceeds ~€496.8M (~$558.4M) to repay borrowings under $6.0B revolver and for general corporate purposes.
- Joint book-runners: Barclays, Citigroup, ING, Mizuho, Morgan Stanley, SMBC.
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