Financing ·
American Tower Corporation completed a €750 million offering of 4.000% senior unsecured notes due 2033, resulting in…
AMTAmerican Tower Corp
American Tower Corporation completed a €750 million offering of 4.000% senior unsecured notes due 2033, resulting in net proceeds of approximately €742.7 million ($866.7 million). The company intends to use the proceeds to repay €500 million of its 1.950% senior notes due 2026 and for general corporate purposes. This transaction allows the company to proactively manage its debt maturity profile and refinance existing obligations.