BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2025, 2030 and 2050, in aggregate principal amounts of $500.0 million, $750.0 million and $750.0 million, respectively. The 2025 notes will have an interest rate of 1.300% per annum and are being issued at a price equal to 99.719% of their face value. The 2030 notes will have an interest rate of 2.100% per annum and are being issued at a price equal to 99.425% of their face value. The 2050 notes will have an interest rate of 3.100% per annum and are being issued at a price equal to 99.014% of their face value. The net proceeds of the offering are expected to be approximately $1,968.2 million, after deducting underwriting discounts and estimated offering expenses. American Tower intends to use the net proceeds to repay existing indebtedness under its $2.35 billion senior unsecured revolving credit facility, as amended and restated in December 2019, and for general corporate purposes.

Barclays, BBVA, Mizuho Securities, RBC Capital Markets and TD Securities are acting as Joint Book-Running Managers for the offering.

About American Tower

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 180,000 communications sites. For more information about American Tower, please visit www.americantower.com.