American Tower in $575 Million Offering

Cleary Gottlieb represented American Tower Corporation (American Tower) in an SEC-registered $200 million reopening of its 4.9% senior notes due 2030 and $375 million reopening of its 5.35% senior notes due 2035, in each case, initially issued on March 14, 2025.

The offering was underwritten by a syndicate of investment banks led by BBVA Securities Inc., BofA Securities Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC. The transaction priced on September 11, 2025, and closed on September 16, 2025.

American Tower, one of the largest global REITs, is a leading independent owner, operator, and developer of multitenant communications real estate with a portfolio of nearly 150,000 communications sites and a highly interconnected footprint of U.S. data center facilities.