American Tower Corp. (AMT) prices $2.0 billion of senior notes.

American Tower Corp. (AMT) announced today that is has priced a three-part offering of senior unsecured notes in the aggregate amount of $2.0 billion.  The offering included:
      • $500 million 1.30% senior notes due 2025.  The notes were priced at 99.719% to yield 1.355% or +105 basis points to the treasury curve.
      • $750 million 2.10% senior notes due 2030.  The notes were priced at 99.425% to yield 2.164% or +150 basis points to the treasury curve.
      • $750 million 3.10% senior notes due 2050.  The notes were priced at 99.014% to yield 3.151% or +170 basis points to the treasury curve.
The company said proceeds from the offering will be used to repay existing indebtedness under its revolving credit facility.

06/01/2020