American Tower prices USD 1.6 billion senior notes offering - AMT News | RalliesAmerican Tower prices USD 1.6 billion senior notes offering
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AMT• American Tower prices senior notes offering
- American Tower priced a USD 1.6 billion registered offering of senior unsecured notes due 2031, 2033, 2036.
- Tranches set at USD 500 million at 5.3%, USD 500 million at 5.56%, USD 600 million at 5.75%.
- Net proceeds seen at USD 1.58 billion.
- Funds earmarked to repay USD 600 million of 1.45% senior notes due 2026.
- Remaining proceeds to pay down revolver borrowings, support general corporate purposes.
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