American Tower Files 8-K Detailing Senior Notes
Ticker: AMT · Form: 8-K · Filed: Dec 5, 2024 · CIK: 1053507
| Field | Detail |
|---|---|
| Company | American Tower Corp /Ma/ (AMT) |
| Form Type | 8-K |
| Filed Date | Dec 5, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $1.62 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financing, filing
TL;DR
AMT filed an 8-K listing a bunch of senior notes due dates and rates - standard debt stuff.
AI Summary
American Tower Corporation (AMT) filed an 8-K on December 5, 2024, to report other events and financial statements. The filing primarily lists various senior notes due in different years, such as 2025, 2026, 2027, 2028, 2029, and 2030, with coupon rates ranging from 0.450% to 4.625%. This indicates ongoing debt management and financing activities for the company.
Why It Matters
This filing provides insight into American Tower's current debt structure and financing arrangements, which are crucial for understanding its financial health and future investment capacity.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of debt instruments and does not indicate any immediate financial distress or significant new risks.
Key Numbers
- A1375SeniorNotesDue2025 — Senior Notes Due 2025 (Debt instrument with a 1.375% coupon rate.)
- A1950SeniorNotesDue2026 — Senior Notes Due 2026 (Debt instrument with a 1.950% coupon rate.)
- A0450SeniorNotesDue2027 — Senior Notes Due 2027 (Debt instrument with a 0.450% coupon rate.)
- A0400SeniorNotesDue2027 — Senior Notes Due 2027 (Debt instrument with a 0.400% coupon rate.)
- A4125SeniorNotesDue2027 — Senior Notes Due 2027 (Debt instrument with a 4.125% coupon rate.)
- A0500SeniorNotesDue2028 — Senior Notes Due 2028 (Debt instrument with a 0.500% coupon rate.)
- A0875SeniorNotesDue2029 — Senior Notes Due 2029 (Debt instrument with a 0.875% coupon rate.)
- A0950SeniorNotesDue2030 — Senior Notes Due 2030 (Debt instrument with a 0.950% coupon rate.)
Key Players & Entities
- AMERICAN TOWER CORP /MA/ (company) — Filer
- 0001053507-24-000140 (document_id) — Accession Number
- 20241205 (date) — Filing Date
- 116 HUNTINGTON AVE (address) — Company Business Address
- BOSTON (city) — Company Business Address
- MA (state) — Company Business Address
- 02116 (zip_code) — Company Business Address
- 6173757500 (phone_number) — Company Business Phone
FAQ
What specific 'Other Events' are being reported in this 8-K filing?
The filing primarily lists various senior notes due in different years and their associated coupon rates, indicating debt management activities rather than a specific singular 'other event'.
What is the total principal amount of the senior notes listed in this filing?
The filing does not explicitly state the total principal amount of the senior notes; it lists individual debt instruments with their due dates and coupon rates.
Are there any new debt issuances or maturities occurring on December 5, 2024, as indicated by this filing?
The filing lists various senior notes with different maturity dates, but it does not specify any new issuances or maturities occurring precisely on December 5, 2024, beyond general debt instrument disclosures.
What is the purpose of filing these financial statements and exhibits as part of an 8-K?
The purpose is to provide timely disclosure of material information, in this case, details about the company's outstanding debt instruments and potentially related financial information.
Does this filing indicate any changes in American Tower's credit rating or financial covenants?
This 8-K filing does not contain information regarding changes in American Tower's credit rating or financial covenants; it focuses on listing existing senior notes.
Filing Stats: 602 words · 2 min read · ~2 pages · Grade level 8.5 · Accepted 2024-12-05 16:18:04
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value AMT New York Stock Exchange
- $1.62 — rectors declared a cash distribution of $1.62 per share on shares of the Company's co
Filing Documents
- amt-20241205.htm (8-K) — 48KB
- exhibit9912024q4dividend.htm (EX-99.1) — 6KB
- image_0.jpg (GRAPHIC) — 21KB
- 0001053507-24-000140.txt ( ) — 325KB
- amt-20241205.xsd (EX-101.SCH) — 5KB
- amt-20241205_def.xml (EX-101.DEF) — 22KB
- amt-20241205_lab.xml (EX-101.LAB) — 44KB
- amt-20241205_pre.xml (EX-101.PRE) — 23KB
- amt-20241205_htm.xml (XML) — 14KB
01 Other Events
Item 8.01 Other Events. On December 5, 2024, American Tower Corporation (the "Company") issued a press release (the "Press Release") announcing that the Board of Directors declared a cash distribution of $1.62 per share on shares of the Company's common stock, payable on February 3, 2025 to the stockholders of record at the close of business on December 27, 2024. A copy of the Press Release is filed herewith as Exhibit 99.1.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release, dated December 5 , 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: December 5, 2024 By: /s/ Rodney M. Smith Rodney M. Smith Executive Vice President, Chief Financial Officer and Treasurer