American Tower Files 8-K on Debt Instruments
Ticker: AMT · Form: 8-K · Filed: Nov 19, 2024 · CIK: 1053507
| Field | Detail |
|---|---|
| Company | American Tower Corp /Ma/ (AMT) |
| Form Type | 8-K |
| Filed Date | Nov 19, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $600.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, filing, notes
Related Tickers: AMT
TL;DR
AMT filed an 8-K detailing its senior notes due 2025-2031.
AI Summary
American Tower Corporation (MA) filed an 8-K on November 19, 2024, reporting other events and financial statements. The filing pertains to various senior notes due between 2025 and 2031, indicating ongoing financial activities and disclosures related to its debt instruments.
Why It Matters
This filing provides an update on American Tower's various senior notes, offering insight into the company's capital structure and debt management.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial information and debt instruments, not indicating any immediate operational or financial distress.
Key Numbers
- 2025 — Senior Notes Due (Maturity year for a series of senior notes.)
- 2026 — Senior Notes Due (Maturity year for a series of senior notes.)
- 2027 — Senior Notes Due (Maturity year for multiple series of senior notes.)
- 2028 — Senior Notes Due (Maturity year for a series of senior notes.)
- 2029 — Senior Notes Due (Maturity year for a series of senior notes.)
- 2030 — Senior Notes Due (Maturity year for multiple series of senior notes.)
- 2031 — Senior Notes Due (Maturity year for a series of senior notes.)
Key Players & Entities
- AMERICAN TOWER CORP /MA/ (company) — Filer
- 116 HUNTINGTON AVE (address) — Business and Mail Address
- BOSTON (city) — Business and Mail City
- MA (state) — Business and Mail State
- 02116 (zip_code) — Business and Mail Zip Code
- 6173757500 (phone_number) — Business Phone
- AMERICAN TOWER SYSTEMS CORP (company) — Former Company Name
- 19980128 (date) — Date of Name Change
- 20241118 (date) — Report Date
- 20241119 (date) — Filing Date
FAQ
What is the primary purpose of this 8-K filing?
This 8-K filing is primarily to report 'Other Events' and to include 'Financial Statements and Exhibits', specifically detailing various senior notes due between 2025 and 2031.
What specific debt instruments are mentioned in the filing?
The filing mentions several series of senior notes, including those due in 2025, 2026, 2027, 2028, 2029, 2030, and 2031, with varying interest rates.
When was this 8-K filing submitted?
The filing was submitted on November 19, 2024.
What is American Tower Corp's (MA) standard industrial classification?
American Tower Corp's (MA) standard industrial classification is 'REAL ESTATE INVESTMENT TRUSTS [6798]'.
Does the filing indicate any new debt issuance or significant changes to existing debt terms?
The filing lists existing senior notes with their respective maturity dates and interest rates, but does not explicitly detail new issuances or significant changes to terms within the provided text.
Filing Stats: 661 words · 3 min read · ~2 pages · Grade level 7.9 · Accepted 2024-11-19 06:18:31
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value AMT New York Stock Exchange
- $600.0 million — s") in an aggregate principal amount of $600.0 million and senior unsecured notes due 2035 (th
Filing Documents
- amt-20241118.htm (8-K) — 48KB
- exhibit991november2024usdo.htm (EX-99.1) — 9KB
- image_0a.jpg (GRAPHIC) — 21KB
- 0001053507-24-000138.txt ( ) — 328KB
- amt-20241118.xsd (EX-101.SCH) — 5KB
- amt-20241118_def.xml (EX-101.DEF) — 22KB
- amt-20241118_lab.xml (EX-101.LAB) — 44KB
- amt-20241118_pre.xml (EX-101.PRE) — 23KB
- amt-20241118_htm.xml (XML) — 14KB
01 Other Events
Item 8.01 Other Events. On November 18, 2024, American Tower Corporation issued a press release (the "Press Release") announcing that it had priced its registered public offering of senior unsecured notes due 2030 (the "2030 notes") in an aggregate principal amount of $600.0 million and senior unsecured notes due 2035 (the "2035 notes") in an aggregate principal amount of $600.0 million. The 2030 notes will have an interest rate of 5.000% per annum and are being issued at a price equal to 99.622% of their face value. The 2035 notes will have an interest rate of 5.400% per annum and are being issued at a price equal to 99.455% of their face value. A copy of the Press Release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release, dated November 18, 2024 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERICAN TOWER CORPORATION (Registrant) Date: November 19, 2024 By: /s/ Rodney M. Smith Rodney M. Smith Executive Vice President, Chief Financial Officer and Treasurer