Shearman And Sterling

News Sep 10, 2020

American Tower Corporation’s €1.4 Billion Senior Notes Offering

Shearman & Sterling represented the underwriters, led by BofA Securities, Morgan Stanley, Santander and TD Securities, in connection with American Tower Corporation’s offering of €750 million aggregate principal amount of its 0.500 percent senior notes due 2028 and €650 million aggregate principal amount of its 1.000 percent senior notes due 2032.

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 181,000 communications sites, including wireless and broadcast towers located in the United States, Argentina, Brazil, Burkina Faso, 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 to repay existing indebtedness.

The Team