American Tower Corporation Announces Pricing of Senior Notes Offering

Details

The 2031 notes will have an interest rate of 5.300% per annum, the 2033 notes will have an interest rate of 5.560% per annum, and the 2036 notes will have an interest rate of 5.750% per annum. The net proceeds of the offering are expected to be $1,579.9 million, after deducting underwriting discounts and estimated offering expenses. American Tower intends to use the net proceeds to repay $600.0 million aggregate principal amount of its 1.450% senior notes due 2026, to repay existing indebtedness under its $6.0 billion senior unsecured multicurrency revolving credit facility, and for general corporate purposes.

Items reported

About American Tower Corporation

American Tower Corporation is a real estate investment trust that owns, operates, and develops multi-tenant communications real estate globally. The company’s core business is leasing space on its wireless towers and other communications sites to mobile network operators, as well as to radio and television broadcast companies. Its portfolio spans multiple regions, including the United States and Canada, Latin America, Europe, Africa, and the Asia-Pacific region, providing critical infrastructure that supports mobile connectivity and data transmission. In addition to tower assets, American Tower Corporation operates a data center platform through its CoreSite segment, offering colocation and interconnection services to enterprises, cloud providers, and network operators. By aggregating multiple tenants on shared infrastructure, the company enables more efficient deployment of wireless and data services across its markets. Headquartered in Boston, Massachusetts and founded in 1995, American Tower Corporation plays a key role in the digital and telecommunications ecosystem, supporting network capacity, coverage, and reliability for a broad range of communications providers worldwide.