Shearman & Sterling LLP multinational law firm headquartered in New York City, United States.

News Dec 19, 2018

American Tower Corporation’s $6 Billion Amended Multi-Currency Credit Facilities

Shearman & Sterling advised Toronto Dominion (Texas) LLC, as administrative agent, on amendments to American Tower Corporation’s revolving credit facilities entered into in September 2014 and June 2013, upsizing them to $2.1 billion and $2.85 billion, respectively, and Mizuho Bank, as administrative agent, on an amendment to American Tower Corporation’s existing $1 billion unsecured term loan facility. The maturity dates for all three facilities were extended.

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate.

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