American Tower in $1 Billion Offering

Cleary Gottlieb represented American Tower Corporation (American Tower) in an SEC-registered offering of $650 million aggregate principal amount of 4.9% senior notes due 2030 and $350 million aggregate principal amount of 5.35% senior notes due 2035.

The offering was underwritten by a syndicate of investment banks led by J.P. Morgan Securities LLC, BBVA Securities Inc., BofA Securities Inc., Citigroup Global Markets Inc., and Morgan Stanley & Co. LLC. The transaction priced on March 11, 2025, and closed on March 14, 2025. 

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 149,000 communications sites and a highly interconnected footprint of U.S. data center facilities.