American Tower (AMT) said late Tuesday it priced a public offering of 750 million euros ($870.4 million) in senior unsecured notes due 2033 at 99.663% of face value with a 4% annual interest rate.
American Tower expects 742.7 million euros in net proceeds, which it plans to use to repay borrowings under its $6 billion revolving credit facility that were used to retire 500 million euros of 1.95% senior notes due 2026, along with general corporate purposes.
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