American Tower in €1 Billion Offering

Cleary Gottlieb represented American Tower Corporation (American Tower) in an SEC-registered offering of €500 million aggregate principal amount of 3.9% senior notes due 2030 and €500 million aggregate principal amount of 4.1% senior notes due 2034.

The offering was underwritten by a syndicate of investment banks led by Barclays Bank PLC, Citigroup Global Markets Limited, J.P. Morgan Securities plc, Mizuho International plc, and Banco Santander S.A. The transaction priced on May 22, 2024, and closed on May 29, 2024.

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 over 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities.