Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Energy International Ltd. > News item |
American Tower plans to draw on credit facility to redeem 4.5% notes
By Wendy Van Sickle
Columbus, Ohio, June 30 – American Tower Corp. plans to use credit facility borrowings to fund part of its redemption of all of its outstanding 4.5% senior unsecured notes due 2018, according to a press release.
The company also plans to use cash on hand to fund the redemption of the notes on July 31 at par plus a make-whole premium plus accrued interest to, but excluding, the redemption date.
American Tower is a telecommunications provider based in Boston.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.