American Tower calls $133 million 9 3/8% notes

By Caroline Salls

Pittsburgh, Dec. 6 - American Tower Corp. said it will repurchase and redeem $133 million of its outstanding 9 3/8% senior notes due 2009 using proceeds from its sale of 7 1/8% notes due 2012.

The redemption date is Jan. 5. The notes will be redeemed at par plus an applicable premium plus interest accrued up to the redemption date.

The company also used a portion of the proceeds to buy back $85.2 million of the notes.

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

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