$AMT · American Tower Corporation

On September 14, 2026, American Tower Corporation completed a registered public offering of senior unsecured notes totaling $1.6 billion across three tranches: $500 million of 5.300% notes due 2031, $500 million of 5.560% notes due 2033, and $600 million of 5.750% notes due 2036. After deducting commissions and estimated expenses, the company received net proceeds of approximately $1.5799 billion.

The company stated it intends to use the net proceeds to repay $600 million of its 1.450% senior notes due 2026, repay existing indebtedness under its $6.0 billion senior unsecured multicurrency revolving credit facility, and for general corporate purposes. The notes were issued under an indenture dated June 2, 2025, as supplemented on September 14, 2026, with U.S. Bank Trust Company as trustee. Interest is payable semiannually on March 15 and September 15, beginning March 15, 2027. The indenture includes covenants limiting the company’s ability to merge, consolidate, or sell assets and limiting certain liens, subject to exceptions including a lien allowance tied to 3.5 times Adjusted EBITDA.