American Tower to use revolver borrowings to help fund redemption

By Sarah Lizee

Olympia, Wash., April 9 – American Tower Corp. plans to use borrowings under its $2.25 billion senior unsecured revolving credit facility and cash on hand to redeem all of its outstanding 2.8% senior notes due June 1, 2020 on May 11, according to a press release.

American Tower is a telecommunications provider based in Boston.

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