Exhibit








Exhibit 10.47
EXECUTION COPY


SIXTH AMENDMENT TO TERM LOAN AGREEMENT 


This Sixth Amendment to Term Loan Agreement (this “Amendment”) is made as of December 15, 2017, by and among AMERICAN TOWER CORPORATION, as Borrower (the “Borrower”), MIZUHO BANK, LTD. (successor to The Royal Bank of Scotland plc), as Administrative Agent (the “Administrative Agent”), and the financial institutions whose names appear as lenders on the signature page hereof.
    
WHEREAS, the Borrower and the Administrative Agent are party to that certain Term Loan Agreement, dated as of October 29, 2013 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Loan Agreement”) among the Borrower, the Administrative Agent and the Lenders from time to time party thereto.  


WHEREAS, the Borrower, the Administrative Agent and the Lenders have agreed to amend the Loan Agreement pursuant to Section 11.11 of the Loan Agreement.


NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each of the parties hereto, the parties hereby agree as follows:


1.DEFINED TERMS.  Unless otherwise defined herein, capitalized terms used herein shall have the meanings given to them in the Loan Agreement.


2.AMENDMENTS.  


(a)The definition of “Term Loan Maturity Date” in Section 1.1 of the Loan Agreement is hereby amended and restated in its entirety as follows:


“Term Loan Maturity Date” shall mean January 31, 2023, or such earlier date as payment of the Loans shall be due (whether by acceleration or otherwise).
(b)Article 9 is amended by adding to the end thereof a new Section 9.9 to read as follows:


Section 9.9.    Lender ERISA Matters.  Each Lender represents and warrants as of the date hereof to the Administrative Agent and each Joint Lead Arranger and their respective Affiliates, and not, for the avoidance of doubt, for the benefit of the Borrower, that such Lender is not and will not be (i) an employee benefit plan subject to Title I of ERISA, (ii) a plan or account subject to Section 4975 of the Internal Revenue Code; (iii) an entity deemed to hold “plan assets” of any such plans or accounts for purposes of ERISA or the Internal Revenue Code that is using “plan assets” of any such plans or accounts to fund or hold Loans or perform its obligations under this Agreement; or (iv) a “governmental plan” within the meaning of ERISA.











(c)Article 11 is amended by adding to the end thereof a new Section 11.21 to read as follows:


Section 11.21    Right of Set-off.  If an Event of Default shall have occurred and be continuing, each Lender and each of their respective Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by applicable law, to set off and apply any and all deposits (general or special, time or demand, provisional or final, in whatever currency) at any time held, and other obligations (in whatever currency) at any time owing, by such Lender or any such Affiliate, to or for the credit or the account of the Borrower against any and all of the obligations of the Borrower now or hereafter existing under this Agreement or any other Loan Document to such Lender or its Affiliates, irrespective of whether or not such Lender or Affiliate shall have made any demand under this Agreement or any other Loan Document and although such obligations of the Borrower may be contingent or unmatured or are owed to a branch, office or Affiliate of such Lender different from the branch, office or Affiliate holding such deposit or obligated on such indebtedness; provided that in the event that any Defaulting Lender shall exercise any such right of setoff, (x) all amounts so set off shall be paid over immediately to the Administrative Agent for further application in accordance with the provisions of Section 2.14 and, pending such payment, shall be segregated by such Defaulting Lender from its other funds and deemed held in trust for the benefit of the Administrative Agent and the Lenders, and (y) the Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in reasonable detail the Advances owing to such Defaulting Lender as to which it exercised such right of setoff.  The rights of each Lender and their respective Affiliates under this Section are in addition to other rights and remedies (including other rights of setoff) that such Lender or its Affiliates may have.  Each Lender agrees to notify the Borrower and the Administrative Agent promptly after any such setoff and application; provided that the failure to give such notice shall not affect the validity of such setoff and application.
3.     WAIVER; ASSIGNMENT.  (a)    The requirements of Sections 11.4 and 11.11(c) of the Loan Agreement are hereby waived to the extent that such Sections require prior notice or execution and delivery of an assignment agreement to effect an assignment by any Lender that does not agree to extend its Loans as set forth in this Amendment.  Accordingly, after giving effect to this Amendment, only those Lenders listed on Schedule A to this Amendment shall have any Loans or be considered Lenders under the Loan Agreement, in such amounts as set forth on Schedule A.  The execution of this Amendment is evidence of the consent of the Borrower and the Administrative Agent to assignment of the Assignor’s Loans to the Assignees, as required pursuant to Section 11.4(b)(iii) of the Loan Agreement.


(b)    Each Lender whose Loans are reduced or terminated by giving effect to this Amendment (each, an “Assignor”) hereby irrevocably sells and assigns, at par, to each Lender whose Loans are increased (or created) by giving effect to this Amendment (each, an “Assignee”), and each Assignee hereby irrevocably purchases and assumes 









from each Assignor, subject to and in accordance with this Amendment and the Loan Agreement, as of the Amendment Effective Date (as defined below), the Assigned Interests (as defined below).  Such sales and assignments and purchases and assumptions shall be made on the terms set forth in Exhibit F to the Loan Agreement and shall comply with Section 11.4(b) of the Loan Agreement, notwithstanding any failure of such sales, assignments, purchases and assumptions to comply with (x) the minimum assignment requirement in Section 11.4(b)(i) of the Loan Agreement, (y) the requirement to pay the processing and recordation fees referenced in Section 11.4(b)(iv) of the Loan Agreement or (z) any requirement to execute and deliver an Assignment and Assumption in respect thereof.  Without limiting the generality of the foregoing, each Assignee hereby makes the representations, warranties and agreements required to be made under Section 1 of Annex 1 to Exhibit F to the Loan Agreement by an Assignee, with respect to the Assigned Interests being assigned or assumed by such Assignee hereunder.  Each sale and assignment hereunder is without recourse to any Assignor and, except as expressly provided in Section 1 of Annex 1 to Exhibit F to the Loan Agreement, without representation or warranty by any Assignor.
(c)    “Assigned Interest” means (i) all of the respective Assignors’ rights and obligations in their respective capacities as Lenders under the Loan Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the Loans of the respective Assignors to the extent being assigned under this Agreement and (ii) to the extent permitted to be assigned under Applicable Law, all claims, suits, causes of action and any other right of the respective Assignors (in their respective capacities as Lenders) against any Person, whether known or unknown, arising under or in connection with the Loan Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above.


(d)    On the Amendment Effective Date, subject to the terms and conditions set forth herein, (x) each Assignee purchasing and assuming Assigned Interests pursuant to paragraph (b) above shall pay the purchase price for such Assigned Interests (equal to the principal amount of the assigned Loans subject to such Assigned Interest) by wire transfer of immediately available funds to the Administrative Agent not later than 12:00 Noon (New York City time), (y) the Borrower shall pay all accrued and unpaid interest and fees and other amounts accrued to but excluding the Amendment Effective Date for the account of each Assignor in respect of such Assignor’s Assigned Interests (including such amount, if any, as would be payable pursuant to Section 2.9 of the Loan Agreement if the outstanding Loans of such Assignor were prepaid in their entirety on the date of consummation of the assignment of the Assigned Interests) by wire transfer of immediately available funds to the Administrative Agent not later than 12:00 Noon (New York City time) and (z) the Administrative Agent shall pay to each of the Assignors, out of the amounts received by the Administrative Agent pursuant to clauses (x) and (y) above, the purchase price for the Assigned Interests assigned by such Assignor pursuant hereto and all unpaid interest and fees and other amounts accrued for the account of each Assignor to but excluding the Amendment Effective Date by wire transfer of immediately 









available funds to the account designated by such Assignor to the Administrative Agent not later than 5:00 p.m. (New York City time) on the Amendment Effective Date.
4.    BRING-DOWN OF REPRESENTATIONS.  The Borrower hereby certifies that, as of the date of this Amendment, (i) the representations and warranties contained in Section 4.1 of the Loan Agreement are true and correct in all material respects, except for those representations and warranties that are qualified by materiality or Materially Adverse Effect, which shall be true and correct, both before and after giving effect to this Amendment, and after giving effect to any updates to information provided to the Lenders in accordance with the terms of the Loan Agreement except to the extent stated to have been made as of the Agreement Date, and (ii) no Default exists.


5.    EFFECTIVENESS. This Amendment shall become effective upon (a) the Administrative Agent receiving this Amendment duly executed by the Borrower and all of the Lenders and (b) the payment in full of all fees and expenses required to be paid in connection with this Amendment to the Administrative Agent and the Lenders (the date such conditions are satisfied is the “Amendment Effective Date”).


6.    NO OTHER AMENDMENTS. Except as provided herein, each of the other provisions of the Loan Agreement shall remain in full force and effect and are hereby ratified and confirmed.


7.    COUNTERPARTS. This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original, but all such separate counterparts shall together constitute one and the same instrument.  Delivery of an executed counterpart of a signature page to this Amendment by telecopier or electronic transmission shall be effective as delivery of a manually executed counterpart.


8.    GOVERNING LAW.  This Amendment shall be construed in accordance with and governed by the internal laws of the State of New York applicable to agreements made and performed in the State of New York.


9.    MISCELLANEOUS.  


(a) On and after the effective date of this Amendment, each reference in the Loan Agreement to “this Agreement,” “hereunder,” “hereof” or words of like import referring to the Loan Agreement shall mean and be a reference to the Loan Agreement, as amended by this Amendment.


(b) The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or the Administrative Agent under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents.


(c) On and after the effectiveness of this Amendment, this Amendment shall for all purposes constitute a Loan Document.




 










IN WITNESS WHEREOF, the parties hereto have executed this Amendment or caused it to be executed by their duly authorized officers, all as of the day and year above written.


	
				
	BORROWER:
	 
	AMERICAN TOWER CORPORATION

	 
	 
	By:
	/s/ Thomas A. Bartlett

	 
	 
	Name:
	Thomas A. Bartlett

	 
	 
	Title:
	Executive Vice President, Chief Financial Officer and Treasurer 










[Signature Page to Sixth Amendment to Term Loan Agreement]









	
				
	LENDERS
	 
	MIZUHO BANK, LTD., as Administrative Agent 

	 
	 
	By:
	/s/ Daniel Guevara

	 
	 
	Name:
	Daniel Guevara

	 
	 
	Title:
	Authorized Signatory

	 
	 
	 
	 

	 
	 
	MIZUHO BANK (USA), as a Lender 

	 
	 
	By:
	/s/ Daniel Guevara

	 
	 
	Name:
	Daniel Guevara

	 
	 
	Title:
	Director

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	TD Bank, N.A., as a Lender

	 
	 
	By:
	/s/ Shivani Agarwal

	 
	 
	Name:
	Shivani Agarwal

	 
	 
	Title:
	Senior Vice President

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	Bank of America, N.A., as a Lender

	 
	 
	By:
	/s/ Laura L. Olson

	 
	 
	Name:
	Laura L. Olson

	 
	 
	Title:
	Vice President

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	Barclays Bank PLC, as a Lender

	 
	 
	By:
	/s/ Ritam Bhalla

	 
	 
	Name:
	Ritam Bhalla

	 
	 
	Title:
	Director

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	CITIBANK, N.A., as a Lender

	 
	 
	By:
	/s/ Susan Olsen

	 
	 
	Name:
	Susan Olsen

	 
	 
	Title:
	Vice President

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	JPMorgan Chase Bank, N.A., as a Lender

	 
	 
	By:
	/s/ Peter Thauer

	 
	 
	Name:
	Peter Thauer

	 
	 
	Title:
	Managing Director

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	 
	 






[Signature Page to Sixth Amendment to Term Loan Agreement]









	
				
	 
	 
	ROYAL BANK OF CANADA, as a Lender

	 
	 
	By:
	/s/ Alexander Oliver

	 
	 
	Name:
	Alexander Oliver

	 
	 
	Title:
	Authorized Signatory

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	Citi National Bank, as a Lender

	 
	 
	By:
	/s/ Jeanine Smith

	 
	 
	Name:
	Jeanine Smith

	 
	 
	Title:
	Senior Vice President

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	The Bank of Tokyo-Mitsubishi UFJ, Ltd., as a Lender

	 
	 
	By:
	/s/ Ola Anderssen

	 
	 
	Name:
	Ola Anderssen

	 
	 
	Title:
	Director

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	MORGAN STANLEY BANK, N.A., as a Lender

	 
	 
	By:
	/s/ Michael King

	 
	 
	Name:
	Michael King

	 
	 
	Title:
	Authorized Signatory

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	BANCO BILBAO VIZCAYA ARGENTARIA, S.A. NEW YORK BRANCH, as a Lender

	 
	 
	By:
	/s/ Brian Crowley

	 
	 
	Name:
	Brian Crowley

	 
	 
	Title:
	Managing Director

	 
	 
	 
	 

	 
	 
	By:
	/s/ Cara Younger

	 
	 
	Name:
	Cara Younger

	 
	 
	Title:
	Director

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	The Bank of Nova Scotia, as a Lender

	 
	 
	By:
	/s/ Laura Gimena

	 
	 
	Name:
	Laura Gimena

	 
	 
	Title:
	Director

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	 
	 






[Signature Page to Sixth Amendment to Term Loan Agreement]









	
				
	 
	 
	Banco Santander, S.A., New York Branch 

	 
	 
	as a Lender

	 
	 
	By:
	/s/ Rita Walz-Cuccioli

	 
	 
	Name:
	Rita Walz-Cuccioli

	 
	 
	Title:
	Executive Director

	 
	 
	 
	Banco Santander, S.A., New York Branch

	 
	 
	 
	 

	 
	 
	By:
	/s/ Terence Corcoran

	 
	 
	Name:
	Terence Corcoran

	 
	 
	Title:
	Senior Vice President

	 
	 
	 
	Banco Santander, S.A., New York Branch

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	Societe Generale, as a Lender

	 
	 
	By:
	/s/ Shelley Yu

	 
	 
	Name:
	Shelley Yu

	 
	 
	Title:
	Director

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	Sumitomo Mitsui Banking Corporation, as a Lender

	 
	 
	By:
	/s/ James D. Weinstein

	 
	 
	Name:
	James D. Weinstein

	 
	 
	Title:
	Managing Director

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	CoBank ACB, as a Lender

	 
	 
	By:
	/s/ Gary Franke

	 
	 
	Name:
	Gary Franke

	 
	 
	Title:
	Managing Director

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	FIFTH THIRD BANK, as a Lender

	 
	 
	By:
	/s/ Eric Oberfield

	 
	 
	Name:
	Eric Oberfield

	 
	 
	Title:
	Director

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	GOLDMAN SACHS BANK USA, as a Lender

	 
	 
	By:
	/s/ Rebecca Kratz

	 
	 
	Name:
	Rebecca Kratz

	 
	 
	Title:
	Authorized Signatory

	 
	 
	 
	 






[Signature Page to Sixth Amendment to Term Loan Agreement]









	
				
	 
	 
	 
	 

	 
	 
	HSBC Bank USA N.A., as a Lender

	 
	 
	By:
	/s/ Robert Devir

	 
	 
	Name:
	Robert Devir

	 
	 
	Title:
	Managing Director

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	Lord Abbett Investment Trust - Lord Abbett Short Duration Income Fund

	 
	 
	as a Lender

	 
	 
	By:
	Lord Abbett & Co LLC, As Investment Manager

	 
	 
	By:
	/s/ Jeffrey Lapin

	 
	 
	Name:
	Jeffrey Lapin

	 
	 
	Title:
	Portfolio Manager, Taxable Fixed Income

	 
	 
	 
	 

	 
	 
	Lord Abbett Passport Portfolios plc. - Lord Abbett Short Duration Income Fund

	 
	 
	as a Lender

	 
	 
	By:
	/s/ Jeffrey Lapin

	 
	 
	Name:
	Jeffrey Lapin

	 
	 
	Title:
	Portfolio Manager, Taxable Fixed Income

	 
	 
	 
	 

	 
	 
	Lord Abbett Investment Trust - Lord Abbett Inflation Focused Fund

	 
	 
	as a Lender

	 
	 
	By:
	Lord Abbett & Co LLC, As Investment Manager

	 
	 
	By:
	/s/ Jeffrey Lapin

	 
	 
	Name:
	Jeffrey Lapin

	 
	 
	Title:
	Portfolio Manager, Taxable Fixed Income

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	Lord Abbett Global Fund, Inc. - Lord Abbett Emerging Markets Currency Fund

	 
	 
	as a Lender

	 
	 
	By:
	Lord Abbett & Co LLC, As Investment Manager

	 
	 
	By:
	/s/ Jeffrey Lapin

	 
	 
	Name:
	Jeffrey Lapin

	 
	 
	Title:
	Portfolio Manager, Taxable Fixed Income

	 
	 
	 
	 






[Signature Page to Sixth Amendment to Term Loan Agreement]









	
				
	 
	 
	Lord Abbett Short Duration Credit Trust

	 
	 
	as a Lender

	 
	 
	By:
	Lord Abbett & Co LLC, As Investment Manager

	 
	 
	By:
	/s/ Jeffrey Lapin

	 
	 
	Name:
	Jeffrey Lapin

	 
	 
	Title:
	Portfolio Manager, Taxable Fixed Income

	 
	 
	 
	 

	 
	 
	Lord Abbett Series Fund, Inc. - Short Duration Income Portfolio

	 
	 
	as a Lender

	 
	 
	By:
	Lord Abbett & Co LLC, As Investment Manager

	 
	 
	By:
	/s/ Jeffrey Lapin

	 
	 
	Name:
	Jeffrey Lapin

	 
	 
	Title:
	Portfolio Manager, Taxable Fixed Income

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	People's United Bank, National Association, as a Lender

	 
	 
	By:
	/s/ Kathryn Williams

	 
	 
	Name:
	Kathryn Williams

	 
	 
	Title:
	Vice President

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	BANK OF COMMUNICATIONS CO., LTD., NEW YORK BRANCH, as a Lender

	 
	 
	By:
	/s/ Shelley He

	 
	 
	Name:
	Shelley He

	 
	 
	 
	Deputy General Manager

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	FIRST HAWAIIAN BANK, as a Lender

	 
	 
	By:
	/s/ Dawn Hofmann

	 
	 
	Name:
	Dawn Hofmann

	 
	 
	Title:
	Executive Vice President

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	The Bank of East Asia, Limited, New York Branch, as a Lender

	 
	 
	By:
	/s/ James Hua

	 
	 
	Name:
	James Hua

	 
	 
	Title:
	SVP

	 
	 
	 
	 






[Signature Page to Sixth Amendment to Term Loan Agreement]









	
				
	 
	 
	By:
	/s/ Kitty Sin

	 
	 
	Name:
	Kitty Sin

	 
	 
	Title:
	SVP

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	Banco de Credito e Inversiones, SA Miami Branch, as a Lender

	 
	 
	By:
	/s/ Juan Segundo

	 
	 
	Name:
	Juan Segundo

	 
	 
	Title:
	Head of Corporate Banking

	 
	 
	 
	 

	 
	 
	By:
	/s/ Juan Martinez-Lejarza

	 
	 
	Name:
	Juan Martinez-Lejarza

	 
	 
	Title:
	Head Treasury & Finance

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	Bank of Taiwan New York Branch, as a Lender

	 
	 
	By:
	/s/ Yue-Li Shih

	 
	 
	Name:
	Yue-Li Shih

	 
	 
	Title:
	VP & General Manager

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	Hua Nan Commercial Bank, Los Angeles Branch, as a Lender

	 
	 
	By:
	/s/ Gary Hsu

	 
	 
	Name:
	Gary Hsu

	 
	 
	Title:
	VP & General Manager

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	BANCO DE SABADELL, S.A., MIAMI BRANCH, as a Lender

	 
	 
	By:
	/s/ Maurici Lladó

	 
	 
	Name:
	Maurici Lladó

	 
	 
	Title:
	Managing Director

	 
	 
	 
	 

	 
	 
	 
	 

	 
	Agreed, and executed solely in its capacity as Assignor under Section 3 of the foregoing Amendment:

	 
	 
	 
	 

	 
	 
	Development Bank of Japan Inc., as an Assignor

	 
	 
	By:
	/s/ Rui Minowa

	 
	 
	Name:
	Rui Minowa

	 
	 
	Title:
	General Manager

	 
	 
	 
	Corporate Finance Department Division2






[Signature Page to Sixth Amendment to Term Loan Agreement]









	
				
	 
	 
	Fuyo General Lease (USA) Inc., as an Assignor

	 
	 
	By:
	/s/ Yoshihisa Amari

	 
	 
	Name:
	Yoshihisa Amari

	 
	 
	Title:
	President & COO

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	IBERIABANK, Successor by merger to Sabadell United Bank

	 
	 
	By:
	/s/ Julia Young Sudduth

	 
	 
	Name:
	Julia Young Sudduth

	 
	 
	Title:
	Executive Vice President

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	Santander Bank, N.A. as an Assignor

	 
	 
	By:
	/s/ Andres Barbosa

	 
	 
	Name:
	Andres Barbosa

	 
	 
	Title:
	Executive Director

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	THE TORONTO-DOMINION BANK, NEW YORK BRANCH, as an Assignor 

	 
	 
	By:
	/s/ Wallace Wong

	 
	 
	Name:
	Wallace Wong

	 
	 
	Title:
	Authorized Signatory

	 
	 
	 
	 








[Signature Page to Sixth Amendment to Term Loan Agreement]










SCHEDULE A
LOAN AMOUNTS
	
				
	Entity
	Term Loan Amounts

	Mizuho Bank (USA) 
	

	$41,000,000
	


	TD Bank, N.A.
	41,000,000
	


	Bank of America, N.A.
	41,000,000
	


	Barclays Bank PLC
	41,000,000
	


	Citibank, N.A.
	41,000,000
	


	JPMorgan Chase Bank, N.A.
	41,000,000
	


	Royal Bank of Canada
	16,000,000
	


	City National Bank
	25,000,000
	


	The Bank of Tokyo-Mitsubishi UFJ, Ltd. 
	24,600,000
	


	Morgan Stanley Bank, N.A.
	16,400,000
	


	Banco Bilbao Vizcaya Argentaria, S.A. New York Branch
	21,000,000
	


	The Bank of Nova Scotia
	21,000,000
	


	Banco Santander, S.A., New York Branch
	21,000,000
	


	Societe Generale
	21,000,000
	


	Sumitomo Mitsui Banking Corporation
	21,000,000
	


	CoBank ACB
	213,000,000
	


	Fifth Third Bank
	19,000,000
	


	Goldman Sachs Bank USA
	19,000,000
	


	HSBC Bank USA, National Association
	19,000,000
	


	Lord Abbett Investment Trust- Short Duration Income Fund
	63,644,000
	


	Lord Abbett Passport Portfolios Plc - Short Duration Income Fund
	2,552,000
	


	Lord Abbett Investment Trust - Inflation Focused Fund
	2,391,000
	


	Lord Abbett Global Fund - Emerging Market Currency Fund
	500,000
	


	Lord Abbett Short Duration Credit Trust
	306,500
	


	Lord Abbett Series Fund, Inc.-Short Duration Income Portfolio
	106,500
	


	People's United Bank, National Association
	45,000,000
	


	Bank of Communications Co., Ltd., New York Branch
	40,000,000
	


	First Hawaiian Bank
	35,000,000
	


	The Bank of East Asia, Limited, New York Branch
	35,000,000
	














	
				
	Banco de Crédito e Inversiones, SA, Miami Branch
	25,000,000
	


	Bank of Taiwan, New York Branch
	20,000,000
	


	Hua Nan Commercial Bank, Ltd., Los Angeles Branch
	15,000,000
	


	Banco Sabadell, S.A., Miami Branch
	12,500,000
	


	Total
	

	$1,000,000,000