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American Tower redeems all 7.25% senior notes due 2019 at 112.0854
By Marisa Wong
Morgantown, W.Va., Feb. 10 – American Tower Corp. announced it redeemed all of its outstanding 7.25% senior notes due 2019 on Friday at 112.0854.
The total redemption price was about $341.4 million, including roughly $5.1 million of accrued interest.
The company said it financed the redemption with borrowings under its credit facility and cash on hand.
Bank of New York Mellon Trust Co., NA was the trustee.
American Tower is a telecommunications provider based in Boston.
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