secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN TOWER CORP /MA/ (AMT)
CIK:        0001053507
Form:       8-K
Filed at:   2025-12-05T23:59:59+00:00
Accession:  0001193125-25-309718
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Tower issues $850M 4.700% notes due 2032 to repay revolver
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- Issued $850M aggregate principal of 4.700% senior unsecured notes due December 15, 2032.
- Net proceeds of ~$839.5M after commissions; used to repay borrowings under $4B revolver.
- Notes redeemable at any time; make-whole premium if redeemed before October 15, 2032.
- Covenants limit mergers, asset sales, and liens; leverage test for liens at 3.5x Adjusted EBITDA.
- Change of Control triggers repurchase at 101% of principal plus accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1053507/000119312525309718/0001193125-25-309718-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1053507/000119312525309718/d20014d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-309718

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