American Tower to pay down credit facility debt with note proceeds

By Ashley Montgomery

Kansas City, Kan., Jan. 3 - American Tower Corp. plans to use the proceeds from its offering of senior notes to repay debts outstanding under its 2011 or 2012 credit facility, according to a filing with the Securities and Exchange Commission.

The 2011 credit facility matures on April 8, 2016, and the 2012 credit facility matures Jan. 31, 2017.

American Tower is a Boston-based owner, operator and developer of wireless communications sites.

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