American Tower Corporation is a real estate investment trust (REIT) that owns, operates, and develops a portfolio of communications real estate, including towers, rooftops, and other infrastructure sites, primarily for wireless and broadcast operators globally.
American Tower Corporation, a globally recognized leader in shared communications infrastructure that owns, operates, and develops multi-tenant communications sites for wireless carriers, broadcasters, and broadband providers, successfully concluded the lifecycle of its US-denominated bond (ISIN: US03027XAB64; CUSIP: 03027XAB6), which matured and was fully repaid on January 29, 2023. Issued from the United States with a total size of $1,000,000,000, this fixed-income security offered an annual interest rate of 3.5% and featured semi-annual payment frequencies, maintaining a consistent market price of 100% throughout its existence. The bond, which had a minimum purchase size of $2,000, was rated investment-grade by major credit agencies, securing a 'BBB-' by Standard & Poor's and a 'Baa3' by Moody's, reflecting American Tower's robust financial standing.
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