American Tower prices notes; $1.47B net expected
Each tranche will be consolidated, form a single series and be fully fungible with corresponding notes issued September 14, 2026.
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Form Type
8-K
Rhea-AI Filing Summary
American Tower Corporation priced a registered public offering of senior unsecured notes: $450.0 million due 2031, $500.0 million due 2033 and $550.0 million due 2036.
The notes carry interest rates of 5.300%, 5.560% and 5.750% per annum, respectively, and are being issued at 99.387%, 99.369% and 98.986% of face value, respectively.
Net proceeds are expected to be $1,474.9 million after underwriting discounts and estimated offering expenses. American Tower intends to use them to repay existing indebtedness under its $6.0 billion senior unsecured multicurrency revolving credit facility and for general corporate purposes.
Filing Explained
The notes join American Tower’s existing 2031, 2033 and 2036 series: each has the corresponding series’ coupon and is fully fungible with it, making them additions to those existing debt series rather than separately structured issues.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
2031 notes principal amount: $450.0 million
2033 notes principal amount: $500.0 million
2036 notes principal amount: $550.0 million
+4 more
7 metrics
2031 notes principal amount
$450.0 million
Notes due 2031
2033 notes principal amount
$500.0 million
Notes due 2033
2036 notes principal amount
$550.0 million
Notes due 2036
2031 notes interest rate and issue price
5.300% per annum; 99.387% of face value
Notes due 2031
2033 notes interest rate and issue price
5.560% per annum; 99.369% of face value
Notes due 2033
2036 notes interest rate and issue price
5.750% per annum; 98.986% of face value
Notes due 2036
Expected net proceeds
$1,474.9 million
After underwriting discounts and estimated offering expenses
Key Terms
senior unsecured notes, fully fungible, underwriting discounts, multicurrency revolving credit facility
4 terms
senior unsecured notes financial
"registered public offering of senior unsecured notes due 2031"
Senior unsecured notes are a type of loan a company borrows from investors, promising to pay back with interest. They are called "unsecured" because they aren’t backed by specific assets like buildings or equipment, but "senior" because they are paid back before other debts if the company gets into trouble. Investors see them as a relatively safer way for companies to raise money.
fully fungible financial
"form a single series and be fully fungible"
underwriting discounts financial
"after deducting underwriting discounts and estimated offering expenses"
The portion of a securities offering that underwriters keep as payment for arranging and selling the issue, often expressed as the gap between what the issuer receives and the price paid by public investors. It matters to investors because it reduces the net proceeds the company raises and signals how much institutional middlemen are charging — like a broker’s commission — which can affect a deal’s economics and the degree of dilution for existing shareholders.
multicurrency revolving credit facility financial
"under its $6.0 billion senior unsecured multicurrency revolving credit facility"
A multicurrency revolving credit facility is a bank line of credit that lets a company borrow, repay and borrow again up to a set limit in more than one currency, much like a business credit card that works in different countries. It matters to investors because it provides short‑term cash flexibility, helps manage currency needs and interest costs, and reduces the risk of running short of funds — all of which affect a company’s liquidity and financial stability.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the amounts and pricing of AMT's 2031, 2033 and 2036 notes?
AMT priced $450.0 million of 2031 notes at 5.300% per annum and 99.387% of face value; $500.0 million of 2033 notes at 5.560% and 99.369%; and $550.0 million of 2036 notes at 5.750% and 98.986%.
How do AMT's new notes relate to its September 2026 notes?
Each tranche will be consolidated, form a single series and be fully fungible with corresponding outstanding notes issued on September 14, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): November 9, 2026
AMERICAN TOWER CORPORATION
(Exact Name of Registrant as Specified in Charter)
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | |||||||||||||||
(Address of Principal Executive Offices) (Zip Code)
(617 ) 375-7500
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
| | ||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐
Item 8.01 Other Events.
On November 9, 2026, American Tower Corporation (the “Company”) issued a press release (the “Press Release”) announcing that it had priced its registered public offering of senior unsecured notes due 2031 (the “2031 notes”) in an aggregate principal amount of $450.0 million, senior unsecured notes due 2033 (the “2033 notes”) in an aggregate principal amount of $500.0 million and senior unsecured notes due 2036 (the “2036 notes”) in an aggregate principal amount of $550.0 million. The 2031 notes will be consolidated, form a single series and be fully fungible, with the Company’s outstanding $500,000,000 5.300% senior unsecured notes due 2031, the 2033 notes will be consolidated, form a single series and be fully fungible, with the Company’s outstanding $500,000,000 5.560% senior unsecured notes due 2033, and the 2036 notes will be consolidated, form a single series and be fully fungible, with the Company’s outstanding $600,000,000 5.750% senior unsecured notes due 2036, each issued on September 14, 2026.
The 2031 notes will have an interest rate of 5.300% per annum and are being issued at a price equal to 99.387% of their face value. The 2033 notes will have an interest rate of 5.560% per annum and are being issued at a price equal to 99.369% of their face value. The 2036 notes will have an interest rate of 5.750% per annum and are being issued at a price equal to 98.986% of their face value.
A copy of the Press Release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |||||||
| 99.1 | Press Release, dated November 9, 2026. | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AMERICAN TOWER CORPORATION | |||||||||||
| (Registrant) | |||||||||||
| Date: | November 9, 2026 | By: | /s/ Rodney M. Smith | ||||||||
| Rodney M. Smith | |||||||||||
| Executive Vice President, Chief Financial Officer and Treasurer | |||||||||||
Exhibit 99.1
Contact: Spencer Kurn
Senior Vice President, Investor Relations
Telephone: (617) 375-7517
AMERICAN TOWER CORPORATION PRICES SENIOR NOTES OFFERING
BOSTON, MASSACHUSETTS - November 9, 2026 - American Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2031, 2033 and 2036 in aggregate principal amounts of $450.0 million, $500.0 million and $550.0 million, respectively. The 2031 notes will be consolidated, form a single series and be fully fungible, with the Company’s outstanding $500,000,000 5.300% senior unsecured notes due 2031 issued on September 14, 2026 and are being issued at a price equal to 99.387% of their face value. The 2033 notes will be consolidated, form a single series and be fully fungible, with the Company’s outstanding $500,000,000 5.560% senior unsecured notes due 2033 issued on September 14, 2026 and are being issued at a price equal to 99.369% of their face value. The 2036 notes will be consolidated, form a single series and be fully fungible, with the Company’s outstanding $600,000,000 5.750% senior unsecured notes due 2036 issued on September 14, 2026 and are being issued at a price equal to 98.986% of their face value.
The net proceeds of the offering are expected to be $1,474.9 million, after deducting underwriting discounts and estimated offering expenses. American Tower intends to use the net proceeds to repay existing indebtedness under its $6.0 billion senior unsecured multicurrency revolving credit facility, and for general corporate purposes.
TD Securities (USA) LLC, ING Financial Markets LLC, Mizuho Securities USA LLC, RBC Capital Markets, LLC and SMBC Nikko Securities America, Inc. are acting as Joint Book-Running Managers for the offering.
This press release shall not constitute an offer to sell or a solicitation to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering was made only by means of a prospectus and related prospectus supplement, which may be obtained by visiting the Securities and Exchange Commission’s website at www.sec.gov. Alternatively, you may request these documents by calling TD Securities (USA) LLC at +1-855-495-9846, ING Financial Markets LLC at 1-877-446-4930, Mizuho Securities USA LLC at 1-866-271-7403, RBC Capital Markets, LLC at 1-866-375-6829 and SMBC Nikko Securities America, Inc. at 1-888-868-6856.
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 147,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit www.americantower.com.
Cautionary Language Regarding Forward-Looking Statements
This press release contains “forward-looking statements” concerning the Company’s goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in the Company’s forward-looking statements as a result of various factors, including those factors set forth under the caption “Risk Factors” in Item 1A of its most recent annual report on Form 10-K, and other risks described in documents the Company subsequently files from time to time with the
Securities and Exchange Commission. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
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