American Tower Corp. (AMT) said that it has completed redemption of the remaining $500.0 million of its 7.125% senior notes due 2012.
The company redeemed the notes pursuant to their terms at 101.781% of the principal amount, plus accrued and unpaid interest up to, but excluding, November 13.
The total aggregate redemption price was about $511.7 million, including about $2.8 million in accrued interest. The company financed the redemption with the net proceeds from its offering of 4.625% senior notes due 2015.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.