Shearman And Sterling

News May 21, 2021

American Tower Corporation’s €2.0 Billion Senior Notes Offering

Shearman & Sterling represented the underwriters, led by BofA Securities, J.P. Morgan, Mizuho Securities, Morgan Stanley, and TD Securities, in connection with American Tower Corporation’s offering of €750 million aggregate principal amount of its 0.45% senior notes due 2027, €750 million aggregate principal amount of its 0.875% senior notes due 2029, and €500 million aggregate principal amount of its 1.25% senior notes due 2033.

American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 187,000 communications sites, including wireless and broadcast towers located in the United States, Argentina, Australia, Brazil, Burkina Faso, Canada, Chile, Colombia, Costa Rica, France, Germany, Ghana, India, Kenya, Mexico, Niger, Nigeria, Paraguay, Peru, Poland, South Africa and Uganda. American Tower Corporation plans to use the proceeds for general corporate purposes, which may include the funding of acquisitions, additions to working capital and repayment or refinancing of existing indebtedness.

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