Form 8-K · Current Report · Filed 2024-11-21
American Tower Corp Completes $1.2B Public Offering of Senior Unsecured Notes
On November 21, 2024, American Tower Corporation completed a registered public offering of $600 million aggregate principal amount of its 5.000% senior unsecured notes due 2030 and $600 million aggregate principal amount of its 5.400% senior unsecured notes due 2035, resulting in aggregate net proceeds of approximately $1.184 billion.
- Filer
- AMT AMT
- Filed
- Accession
- 0001193125-24-263434
- CIK
- 0001053507
- Signal
- Medium impact
- Source
- Official filing on sec.gov ↗
Details
The Company intends to use the net proceeds to repay existing indebtedness under its senior unsecured multicurrency revolving credit facility and senior unsecured revolving credit facility. The notes were issued under an indenture and are subject to certain covenants and events of default.
Items reported
Entry into a Material Definitive Agreement
Creation of a Direct Financial Obligation
Financial Statements and Exhibits
Market reaction
Close before filing
$200.88
Next session
+1.7%
Since filing
-13.7%
Latest close
$173.36
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from AMT reporting the same item, with the next session's move:
Exhibits (2)
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