Current Report Filing (8-k)
May 05 2015 - 6:04AM
Edgar (US Regulatory)
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): May 4, 2015
AMERICAN TOWER CORPORATION
(Exact Name of Registrant as Specified in Charter)
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Delaware |
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001-14195 |
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65-0723837 |
(State or Other Jurisdiction
of Incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
116 Huntington Avenue
Boston, Massachusetts 02116
(Address of Principal Executive Offices) (Zip Code)
(617) 375-7500
(Registrants 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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
On May 4, 2015, American Tower Corporation issued a press release
announcing that it had priced its registered public offering of senior unsecured notes due 2020 (the 2020 notes) in an aggregate principal amount of $750.0 million and senior unsecured notes due 2025 (the 2025 notes) in an
aggregate principal amount of $750.0 million. The 2020 notes will have an interest rate of 2.800% per annum and are being issued at a price equal to 99.745% of their face value. The 2025 notes will have an interest rate of 4.000% per annum and are
being issued at a price equal to 99.228% of their face value.
A copy of the press release is filed herewith as Exhibit 99.1 and is
incorporated herein by reference.
Item 9.01 |
Financial Statements and Exhibits. |
(d) Exhibits
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Exhibit No. |
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Description |
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99.1 |
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Press Release, dated May 4, 2015. |
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.
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AMERICAN TOWER CORPORATION |
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(Registrant) |
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Date: May 4, 2015 |
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By: |
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/S/ THOMAS A.
BARTLETT |
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Thomas A. Bartlett |
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Executive Vice President and Chief Financial Officer |
EXHIBIT INDEX
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Exhibit No. |
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Description |
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99.1 |
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Press Release, dated May 4, 2015. |
Exhibit 99.1
Contact: Leah Stearns
Senior Vice President, Treasurer and Investor Relations
Telephone: (617) 375-7500
AMERICAN TOWER CORPORATION PRICES SENIOR NOTES OFFERING
Boston, Massachusetts May 4, 2015: American Tower Corporation (NYSE: AMT) (the Company) today announced the pricing of its
registered public offering of senior unsecured notes due 2020 and 2025, in aggregate principal amounts of $750.0 million and $750.0 million, respectively. The 2020 notes will have an interest rate of 2.800% per annum and are being issued at a price
equal to 99.745% of their face value. The 2025 notes will have an interest rate of 4.000% per annum and are being issued at a price equal to 99.228% of their face value. The net proceeds of the offering are expected to be approximately $1,480.1
million, after deducting underwriting discounts and estimated offering expenses. The Company intends to use the net proceeds to repay existing indebtedness under its 2013 Credit Facility.
Barclays Capital Inc., Mizuho Securities USA Inc., RBC Capital Markets, LLC, Santander Investment Securities Inc. and TD Securities (USA) LLC are acting as
Joint Book-Running Managers for the offering.
This press release shall not constitute an offer to sell or a solicitation to buy any securities, nor shall
there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering was
made only by means of a prospectus and related prospectus supplement, which may be obtained by visiting the Securities and Exchange Commissions website at www.sec.gov. Alternatively, you may request these documents by contacting Barclays
Capital Inc. at 1-888-603-5847, or e-mailing barclaysprospectus@broadridge.com, Mizuho Securities USA Inc. at 1-866-271-7403, RBC Capital Markets, LLC at 1-866-375-6829, or by e-mailing usdebtcapitalmarkets@rbccm.com, Santander Investment Securities
Inc. at 1-855-403-3636 or TD Securities (USA) LLC at 1-800-263-5292.
About American Tower
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 over 87,000 communications sites.
Cautionary Language Regarding Forward-Looking Statements
This press release contains statements about future events and expectations, or forward-looking statements, all of which are inherently uncertain.
The Company has based those forward-looking statements on managements current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, statements regarding the expectations of the
dollar amount to be received in net proceeds, the Companys ability to complete the offering and the Companys expectations for the use of proceeds from the offering. These forward-looking statements involve a number of risks and
uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include market conditions for corporate debt generally, for the securities of telecommunications
companies and for the Companys indebtedness in particular. For other important factors that may cause actual results to differ materially from those indicated in the Companys forward-looking statements, we refer you to the information
contained in the prospectus supplement for this offering and Item 1A of the Form 10-K for the year ended December 31, 2014 under the caption Risk Factors and in other filings the Company makes with the Securities and Exchange
Commission. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
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