Summary
American Tower Corporation (AMT) announced on April 9, 2020, its decision to call for the redemption of all its outstanding 2.800% senior unsecured notes due in 2020. This action is being taken in accordance with the terms outlined in the note indenture, with a redemption date set for May 11, 2020. The redemption price will be the principal amount of the notes plus any accrued interest up to the redemption date.
Key Highlights
- 1AMT is redeeming its 2.800% senior unsecured notes due 2020.
- 2The redemption date is set for May 11, 2020.
- 3The redemption price will be the principal amount plus accrued interest.
- 4This action is in accordance with the note's indenture provisions.
- 5The company issued a press release on April 9, 2020, to announce this decision.