American Tower to buy back or redeem 9 3/8% notes with $150 million note offering proceeds

By Caroline Salls

Pittsburgh, Nov. 29 - American Tower Corp. will repurchase or redeem a portion of its 9 3/8% senior notes due 2009 using proceeds from its $150 million offering of senior notes, according to a company news release.

American Tower is a Boston-based communications tower owner and operator.

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