American Tower in €1 Billion Offering

Cleary Gottlieb represented American Tower Corporation (American Tower) in an SEC-registered offering of €500 million aggregate principal amount of 0.4% senior notes due 2027 and €500 million aggregate principal amount of 0.95% senior notes due 2030.

The notes are listed on the New York Stock Exchange.

The offering was underwritten by a syndicate of investment banks led by Barclays Bank PLC, Citigroup Global Markets Limited, J.P. Morgan Securities plc, Morgan Stanley & Co. International plc, and Société Générale. The transaction priced on September 29, 2021 and closed on October 5, 2021.

American Tower owns, manages, develops, and leases communication and broadcast tower sites in the United States and around the globe. It began operating as a real estate investment trust (REIT) for federal income tax purposes effective January 1, 2012.