American Tower Corp. closed the €500.0 million registered public offering of its 1.950% senior unsecured notes due May 22, 2026.
The communications real estate investment trust received net proceeds of about €493.2 million from the offering, which it intends to use to repay debt under an existing multicurrency revolving credit facility.
Barclays Bank PLC, Banco Bilbao Vizcaya Argentaria SA, Citigroup Global Markets Ltd., J.P. Morgan Securities PLC and Merrill Lynch International were the joint book-running managers for the offering.
