American Tower Corporation (NYSE: AMT) announced today that it has
completed its previously announced redemption of all of its outstanding
4.625% senior unsecured notes due 2015. The Company redeemed the notes
pursuant to their terms at 100.5898% of the principal amount, plus
accrued and unpaid interest up to, but excluding, February 11, 2015. The
total aggregate redemption price was approximately $613.6 million,
including approximately $10.0 million in accrued interest. The Company
financed the redemption with borrowings under its credit facilities.
Upon completion of this redemption, none of the 4.625% notes remained
outstanding.
About American Tower
American Tower is a leading independent owner, operator and developer of
communications real estate with a global portfolio of approximately
70,000 communications sites. For more information about American Tower,
please visit www.americantower.com.
Copyright Business Wire 2015