AMT · American Tower Corp /Ma/ · Debt

On May 27, 2026, American Tower Corporation (the “Company”) completed a registered public offering of 750.0 million euros (“EUR”) aggregate principal amount of its 4.000% senior unsecured notes due 2033 (the “notes”), which resulted in aggregate net proceeds to the Company of approximately 742.7 million EUR (approximately $866.7 million at the EUR/U.S. dollar exchange rate of 1.00 EUR = $1.1669, as reported by Bloomberg on May 14, 2026), after deducting commissions and estimated expenses. The Company intends to use the net proceeds to repay existing indebtedness drawn under its $6.0 billion senior unsecured multicurrency revolving credit facility, as amended and restated in December 2021, as further amended, to the extent it has been drawn upon in EUR to repay 500.0 million EUR aggregate principal amount of the Company’s 1.950% senior notes due 2026, and for general corporate purposes.

Issuer evidence: On May 27, 2026, American Tower Corporation (the “Company”) completed a registered public offering of 750.0 million euros (“EUR”) aggregate principal amount of its 4.000% senior unsecured notes due 2033 (the “notes”), which resulted in aggregate net proceeds to the Company of approximately 742.7 million EUR (approximately $866.7 million at the EUR/U.S. dollar exchange rate of 1.00 EUR = $1.1669, as reported by Bloomberg on May 14, 2026), after deducting commissions and estimated expenses. The Company intends to use the net proceeds to repay existing indebtedness drawn under its $6.0 billion senior unsecured multicurrency revolving credit facility, as amended and restated in December 2021, as further amended, to the extent it has been drawn upon in EUR to repay 500.0 million EUR aggregate principal amount of the Company’s 1.950% senior notes due 2026, and for general corporate purposes.

Supporting evidence: The notes will mature on September 1, 2033 and bear interest at a rate of 4.000% per annum. Accrued and unpaid interest on the notes will be payable in EUR in arrears on September 1 of each year, beginning on September 1, 2026. Interest on the notes will accrue from May 27, 2026 and will be computed on the basis of the actual number of days in the period for which interest is being calculated and the actual number of days from and including the last date on which interest was paid on the notes. The terms of the Indenture, among other things, limit (a) the Company’s ability to merge, consolidate or sell assets, and (b) the Company’s and its subsidiaries’ abilities to incur liens. These covenants are subject to a number of exceptions, including that the Company and its subsidiaries may incur liens on assets, mortgages or other liens securing indebtedness, provided the aggregate amount of indebtedness secured by such liens shall not exceed 3.5x Adjusted EBITDA as defined in the Indenture.

Supporting evidence: On May 27, 2026, American Tower Corporation (the “Company”) completed a registered public offering of 750.0 million euros (“EUR”) aggregate principal amount of its 4.000% senior unsecured notes due 2033 (the “notes”), which resulted in aggregate net proceeds to the Company of approximately 742.7 million EUR (approximately $866.7 million at the EUR/U.S. dollar exchange rate of 1.00 EUR = $1.1669, as reported by Bloomberg on May 14, 2026), after deducting commissions and estimated expenses. The Company intends to use the net proceeds to repay existing indebtedness drawn under its $6.0 billion senior unsecured multicurrency revolving credit facility, as amended and restated in December 2021, as further amended, to the extent it has been drawn upon in EUR to repay 500.0 million EUR aggregate principal amount of the Company’s 1.950% senior notes due 2026, and for general corporate purposes.

Supporting evidence: On May 27, 2026, American Tower Corporation (the “Company”) completed a registered public offering of 750.0 million euros (“EUR”) aggregate principal amount of its 4.000% senior unsecured notes due 2033 (the “notes”), which resulted in aggregate net proceeds to the Company of approximately 742.7 million EUR (approximately $866.7 million at the EUR/U.S. dollar exchange rate of 1.00 EUR = $1.1669, as reported by Bloomberg on May 14, 2026), after deducting commissions and estimated expenses. The Company intends to use the net proceeds to repay existing indebtedness drawn under its $6.0 billion senior unsecured multicurrency revolving credit facility, as amended and restated in December 2021, as further amended, to the extent it has been drawn upon in EUR to repay 500.0 million EUR aggregate principal amount of the Company’s 1.950% senior notes due 2026, and for general corporate purposes.