American Tower to redeem all 4.7% notes due 2022 on Oct. 18

By Wendy Van Sickle

Columbus, Ohio, Sept. 16 – American Tower Corp. plans to redeem all of its outstanding 4.7% senior notes due 2022, according to a press release.

Each series will be redeemed at par plus accrued interest plus a make-whole premium on Oct. 18.

The redemption will be funded with borrowings under the company’s revolving credit facility and cash on hand.

American Tower is a telecommunications provider based in Boston.

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