American Tower aims to sell two tranches of notes due 2025, 2029

By Devika Patel

Knoxville, Tenn., June 10 – American Tower Corp. intends to price two tranches of senior notes, according to a 424B5 filed with the Securities and Exchange Commission.

American Tower plans to offer fixed-rate senior notes due Jan. 15, 2025 and fixed-rate senior notes due Aug. 15, 2029.

The notes will have a make-whole call until one month prior to maturity for the 2025 notes and three months prior to maturity for the 2029 notes and par calls after those dates.

BofA Securities Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and SMBC Nikko Securities America Inc. are the bookrunners.

Proceeds will be used to repay debt under the company’s 2013 credit facility and its 2014 credit facility and for general corporate purposes.

American Tower is a telecommunications provider based in Boston.

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