American Tower Corporation (AMT) Calls for Redemption of All Outstanding 7.50% Senior Notes
More News related to AMT
- Macquarie Downgrades American Tower (AMT) to Neutral
- American Tower (AMT) Posts Q3 EPS of $0.17, In-Line with Estimates; Reaffirms Guidance
- American Tower Corporation Reports Third Quarter 2009 Financial Results
- Trading Radar for 11/03: UBS (UBS), Yamana Gold (AUY), Archer-Daniels (ADM), Royal Caribbean (RCL), Marathon (MRO) Report
- AMT Starts Development LPLChip(TM) With Progenika
American Tower Corporation (NYSE: AMT) announced the call for redemption of the principal amount of its 7.50% senior notes due 2012 that remains outstanding following the expiration of its previously announced tender offer on June 23, 2009. The redemption date has been set for July 20, 2009. In accordance with the redemption provisions of the notes and the indenture for the notes, the notes will be redeemed at a price equal to 101.875% of the principal amount. In addition, the Company will pay accrued and unpaid interest on the redeemed notes up to, but excluding, the redemption date. The Company intends to use available cash on hand to fund the redemption.
Related Categories
Corporate NewsStocks Mentioned
+0.06Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
