American Tower Corp. Files 8-K on Senior Notes

TL;DR

AMT filed an 8-K detailing its various senior notes due between 2025 and 2030.

AI Summary

On January 28, 2025, American Tower Corp. (MA) entered into a material definitive agreement related to its financial obligations. This filing specifically details various senior notes due in the coming years, including those maturing in 2025, 2026, 2027, 2028, and 2030, with coupon rates ranging from 0.450% to 4.125%.

Why It Matters

This filing provides transparency into American Tower's debt structure and upcoming maturities, which is crucial for investors assessing the company's financial health and liquidity.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of debt obligations and does not indicate any new or unusual risks.

Key Numbers

• 2025 — Senior Notes Maturity Year (First listed maturity date for senior notes.)
• 2030 — Senior Notes Maturity Year (Latest listed maturity date for senior notes.)
• 0.450% — Senior Notes Coupon Rate (Lowest coupon rate for listed senior notes.)
• 4.125% — Senior Notes Coupon Rate (Highest coupon rate for listed senior notes.)

Key Players & Entities

• AMERICAN TOWER CORP /MA/ (company) — Filer
• 2025 (date) — Senior Notes Due Date
• 2026 (date) — Senior Notes Due Date
• 2027 (date) — Senior Notes Due Date
• 2028 (date) — Senior Notes Due Date
• 2030 (date) — Senior Notes Due Date
• 0.450% (dollar_amount) — Senior Notes Coupon Rate
• 4.125% (dollar_amount) — Senior Notes Coupon Rate

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value AMT New York Stock Exchange

Filing Documents

• amt-20250128.htm (8-K) — 46KB
• 0001053507-25-000010.txt ( ) — 297KB
• amt-20250128.xsd (EX-101.SCH) — 5KB
• amt-20250128_def.xml (EX-101.DEF) — 23KB
• amt-20250128_lab.xml (EX-101.LAB) — 44KB
• amt-20250128_pre.xml (EX-101.PRE) — 24KB
• amt-20250128_htm.xml (XML) — 14KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On January 28, 2025, American Tower Corporation (the "Company") entered into three separate amendment agreements (each an "Amendment" and collectively, the "Amendments") to amend the agreements for each of its (i) multicurrency senior unsecured revolving credit facility, as amended and restated on December 8, 2021, as further amended, with Toronto Dominion (Texas) LLC ("TD") as Administrative Agent (as defined therein) (the "2021 Multicurrency Credit Facility"), (ii) senior unsecured revolving credit facility, as amended and restated on December 8, 2021, as further amended, with TD as Administrative Agent (as defined therein) (the "2021 Credit Facility") and (iii) unsecured term loan, as amended and restated on December 8, 2021, as further amended, with Mizuho Bank, Ltd. as Administrative Agent (as defined therein) (the "2021 Term Loan" and, collectively with the 2021 Multicurrency Credit Facility and the 2021 Credit Facility, the "Loans"). The Amendments to the Loans, among other things, (i) extend the maturity dates of the 2021 Multicurrency Credit Facility and the 2021 Credit Facility to January 28, 2028 and January 28, 2030, respectively, (ii) extend the maturity date of the 2021 Term Loan to January 28, 2028, and (iii) update the Applicable Margins (as defined in the Amendments). Except as described above, all of the other material terms of the Loans remain in full force and effect. The foregoing description is only a summary of certain provisions of the Amendments and is qualified in its entirety by the terms of the Amendments, copies of which will be filed as exhibits to the Company's Annual Report on Form 10-K for the year ended December 31, 2024. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Please refer to the discussion under Item 1.01 above, which is incorporated under this Item 2.03 by reference. SIGNATURE

View Full Filing

View this 8-K filing on SEC EDGAR