debt
confidence high
sentiment neutral
materiality 0.45
American Tower prices $1.5B of senior notes due 2031, 2033 and 2036; net proceeds $1,474.9M
AMERICAN TOWER CORP /MA/
- $450.0M of 5.300% notes due 2031 priced at 99.387%; $500.0M of 5.560% notes due 2033 at 99.369%; $550.0M of 5.750% notes due 2036 at 98.986%.
- Expected net proceeds of $1,474.9 million after underwriting discounts and estimated offering expenses.
- Proceeds intended to repay indebtedness under American Tower's $6.0 billion senior unsecured multicurrency revolving credit facility and for general corporate purposes.
- New notes consolidate, form a single series and are fully fungible with existing $500M 2031, $500M 2033 and $600M 2036 notes issued September 14, 2026.
- Joint book-running managers: TD Securities (USA) LLC, ING Financial Markets LLC, Mizuho Securities USA LLC, RBC Capital Markets, LLC and SMBC Nikko Securities America, Inc.