American Tower calls $75 million 9 3/8% senior notes

By Jennifer Chiou

New York, June 21 - American Tower Corp. announced the July 21 redemption of $75 million of 9 3/8% senior notes due 2009 at 104.688%.

American Tower, an owner and operator of broadcast and wireless communications sites, will pay accrued interest up to the redemption date.

The Boston company intends to fund the partial redemption with cash on hand and borrowings under its credit facility.

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