American Tower Corp. Enters New Financial Obligation

Ticker: AMT · Form: 8-K · Filed: 2024-11-21T00:00:00.000Z

Sentiment: neutral

Topics: debt, financing, material-definitive-agreement

Related Tickers: AMT

TL;DR

AMT just took on new debt obligations, check the filings for details.

AI Summary

On November 21, 2024, American Tower Corp. (MA) entered into a material definitive agreement related to its financial obligations. The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. Specific details regarding the nature and value of these obligations are not fully disclosed in the provided text, but it references various senior notes due in 2025, 2026, 2027, 2028, and 2030.

Why It Matters

This filing signals a new financial commitment or obligation for American Tower Corp., which could impact its debt structure and financial flexibility.

Risk Assessment

Risk Level: medium — The filing indicates new financial obligations, which inherently carry financial risk and require further analysis of the specific terms and amounts.

Key Numbers

Key Players & Entities

FAQ

What is the specific nature of the material definitive agreement entered into by American Tower Corp. on November 21, 2024?

The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific details of the agreement are not fully elaborated in the provided text.

What are the aggregate dollar amounts associated with the senior notes due in 2025, 2026, 2027, 2028, and 2030?

The provided text lists various senior notes with different maturity dates but does not specify the aggregate dollar amounts for each series.

Does this 8-K filing relate to an acquisition or divestiture by American Tower Corp.?

The filing explicitly mentions 'Entry into a Material Definitive Agreement' and 'Creation of a Direct Financial Obligation,' suggesting a financing or debt-related event rather than an acquisition or divestiture.

What is the significance of the 'amt:A1375SeniorNotesDue2025Member' identifier?

This identifier likely refers to a specific series of senior notes issued by American Tower Corp. with a coupon rate of 3.75% and a maturity in 2025.

Where can one find the full details of the financial obligations mentioned in this 8-K filing?

The full details would be contained within the complete 8-K filing document, specifically in the sections detailing the material definitive agreement and the financial obligations.

From the Filing

0001193125-24-263434.txt : 20241121 0001193125-24-263434.hdr.sgml : 20241121 20241121163032 ACCESSION NUMBER: 0001193125-24-263434 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20241121 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241121 DATE AS OF CHANGE: 20241121 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN TOWER CORP /MA/ CENTRAL INDEX KEY: 0001053507 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 650723837 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14195 FILM NUMBER: 241484876 BUSINESS ADDRESS: STREET 1: 116 HUNTINGTON AVE CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 6173757500 MAIL ADDRESS: STREET 1: 116 HUNTINGTON AVE CITY: BOSTON STATE: MA ZIP: 02116 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN TOWER SYSTEMS CORP DATE OF NAME CHANGE: 19980128 8-K 1 d865445d8k.htm 8-K 8-K AMERICAN TOWER CORP /MA/ false 0001053507 0001053507 2024-11-21 2024-11-21 0001053507 us-gaap:CommonStockMember 2024-11-21 2024-11-21 0001053507 amt:A1375SeniorNotesDue2025Member 2024-11-21 2024-11-21 0001053507 amt:A1950SeniorNotesDue2026Member 2024-11-21 2024-11-21 0001053507 amt:A0450SeniorNotesDue2027Member 2024-11-21 2024-11-21 0001053507 amt:A0400SeniorNotesDue2027Member 2024-11-21 2024-11-21 0001053507 amt:A4125SeniorNotesDue2027Member 2024-11-21 2024-11-21 0001053507 amt:A0500SeniorNotesDue2028Member 2024-11-21 2024-11-21 0001053507 amt:A0875SeniorNotesDue2029Member 2024-11-21 2024-11-21 0001053507 amt:A0950SeniorNotesDue2030Member 2024-11-21 2024-11-21 0001053507 amt:A3.900SeniorNotesDue2030Member 2024-11-21 2024-11-21 0001053507 amt:A4625SeniorNotesDue2031Member 2024-11-21 2024-11-21 0001053507 amt:A1000SeniorNotesDue2032Member 2024-11-21 2024-11-21 0001053507 amt:A1250SeniorNotesDue2033Member 2024-11-21 2024-11-21 0001053507 amt:A4.100SeniorNotesDue2034Member 2024-11-21 2024-11-21     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549     FORM 8-K     CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): November 21, 2024     AMERICAN TOWER CORPORATION (Exact Name of Registrant as Specified in Charter)       Delaware   001-14195   65-0723837 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.) 116 Huntington Avenue Boston , Massachusetts 02116 (Address of Principal Executive Offices) (Zip Code) (617) 375-7500 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.01 par value   AMT   New York Stock Exchange 1.375% Senior Notes due 2025   AMT 25A   Ne

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