American Tower Corporation announced the pricing of a public offering of senior unsecured notes, including $200.0 million due 2030 and $375.0 million due 2035. The 2030 notes will be consolidated and fully fungible with the company's outstanding $650.0 million 4.900% senior unsecured notes due 2030, which were issued on March 14, 2025.
The 2030 notes are being issued at a price equal to 102.452% of their face value, reflecting market demand. This offering represents a strategic move to further manage the company's debt profile and secure long-term financing.
The proceeds from this offering will be used for general corporate purposes, including the repayment of existing indebtedness. This action underscores American Tower's disciplined approach to capital management and its ability to access capital markets efficiently.
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