American Tower Corporation Announces Completion of Redemption of All Outstanding 4.70% Senior Notes
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BOSTON--(BUSINESS WIRE)--
American Tower Corporation (NYSE: AMT) today announced that it has completed its previously announced redemption of all of its outstanding 4.70% senior unsecured notes due 2022. The Company redeemed the notes pursuant to their terms at 101.7270% of the principal amount, plus accrued and unpaid interest up to, but excluding, October 18, 2021. The total aggregate redemption price was approximately $715.1 million, including $3.0 million in accrued interest. The Company financed the redemption with cash on hand. Upon completion of this redemption, none of the 4.70% 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 over 214,000 communications sites. For more information about American Tower, please visit www.americantower.com.
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