American Tower Prices $850 Million Senior Notes Offering

BY MT Newswires | CORPORATE | 12/02/25 05:09 PM EST

05:09 PM EST, 12/02/2025 (MT Newswires) -- American Tower (AMT) said late Tuesday it priced an $850 million offering of senior unsecured notes due 2032.

The notes carry a 4.7% interest rate per year and were issued at 99.685% of face value. Net proceeds are expected to be about $839.5 million and will be used to repay borrowings under American Tower's (AMT) $4 billion senior unsecured revolving credit facility.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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