On November 9, 2026, American Tower Corporation announced the pricing of a registered public offering of senior unsecured notes. The offering consists of three series of debt maturing in 2031, 2033, and 2036.
The 2031 notes have an aggregate principal amount of $450.0 million. These notes will be consolidated with the Company’s existing $500.0 million 5.300% senior unsecured notes due 2031, issued on September 14, 2026. The new notes carry an interest rate of 5.300% per annum and are priced at 99.387% of their face value.
The 2033 notes have an aggregate principal amount of $500.0 million. These notes will be consolidated with the Company’s existing $500.0 million 5.560% senior unsecured notes due 2033, issued on September 14, 2026. The new notes carry an interest rate of 5.560% per annum and are priced at 99.369% of their face value.
The 2036 notes have an aggregate principal amount of $550.0 million. These notes will be consolidated with the Company’s existing $600.0 million 5.750% senior unsecured notes due 2036, issued on September 14, 2026. The new notes carry an interest rate of 5.750% per annum and are priced at 98.986% of their face value.
The net proceeds from the offering are expected to total $1,474.9 million, after deducting underwriting discounts and estimated offering expenses. The Company intends to use these proceeds to repay 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 serving as Joint Book-Running Managers for the transaction.
