Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

American Tower Corporation Announces Completion of Redemption of All Outstanding 4.500% Senior Notes

AMT

American Tower Corporation Announces Completion of Redemption of All Outstanding 4.500% Senior Notes

American Tower Corporation (NYSE: AMT) announced today that it has completed its previously announced redemption of all of its outstanding 4.500% senior unsecured notes due 2018. The Company redeemed the notes pursuant to their terms at 101.3510% of the principal amount, plus accrued and unpaid interest up to, but excluding, July 31, 2017. The total aggregate redemption price was approximately $1.02 billion, including $2.0 million in accrued interest. The Company financed the redemption with borrowings under its credit facility entered into in June 2013, as amended, and cash on hand. Upon completion of this redemption, none of the 4.500% notes remained outstanding.

About American Tower

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 148,000 communications sites. For more information about American Tower, please visit www.americantower.com .

American Tower Corporation
Igor Khislavsky, 617-375-7500
Director, Investor Relations