# EDGAR Filing Document

**Accession Number:** 0001053507
**File Stem:** 0001053507-23-000045
**Filing Date:** 2023-3
**Character Count:** 10115
**Document Hash:** 0cc6ca835cb1836e5ee914e53f27a18d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001053507-23-000045.hdr.sgml**: 20230308

**ACCESSION NUMBER**: 0001053507-23-000045

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20230308

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230308

**DATE AS OF CHANGE**: 20230308

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN TOWER CORP /MA/
- **CENTRAL INDEX KEY:** 0001053507
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **IRS NUMBER:** 650723837
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-14195
- **FILM NUMBER:** 23716353

**BUSINESS ADDRESS:**
- **STREET 1:** 116 HUNTINGTON AVE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116
- **BUSINESS PHONE:** 6173757500

**MAIL ADDRESS:**
- **STREET 1:** 116 HUNTINGTON AVE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICAN TOWER SYSTEMS CORP
- **DATE OF NAME CHANGE:** 19980128

?xml version="1.0" ? amt-20230308

**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): March 8, 2023** 

**AMERICAN TOWER CORPORATION** 

**(Exact Name of Registrant as Specified in Charter)**

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-14195** | **65-0723837** |
| **(State or Other Jurisdiction of Incorporation)** | **(Commission File Number)** | **(I.R.S. Employer Identification No.)** |

---

**116 Huntington Avenue** 

**Boston, Massachusetts 02116** 

**(Address of Principal Executive Offices) (Zip Code)**

**(617) 375-7500** 

**(Registrant's 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):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

**Securities registered pursuant to Section 12(b) of the Act:** 

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| **Common Stock, $0.01 par value** | **AMT** | **New York Stock Exchange** |
| **1.375% Senior Notes due 2025** | **AMT 25A** | **New York Stock Exchange** |
| **1.950% Senior Notes due 2026** | **AMT 26B** | **New York Stock Exchange** |
| **0.450% Senior Notes due 2027** | **AMT 27C** | **New York Stock Exchange** |
| **0.400% Senior Notes due 2027** | **AMT 27D** | **New York Stock Exchange** |
| **0.500% Senior Notes due 2028** | **AMT 28A** | **New York Stock Exchange** |
| **0.875% Senior Notes due 2029** | **AMT 29B** | **New York Stock Exchange** |
| **0.950% Senior Notes due 2030** | **AMT 30C** | **New York Stock Exchange** |
| **1.000% Senior Notes due 2032** | **AMT 32** | **New York Stock Exchange** |
| **1.250% Senior Notes due 2033** | **AMT 33** | **New York Stock Exchange** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

  

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**Item 8.01&nbsp;&nbsp;&nbsp;&nbsp;Other Events.**

On March 8, 2023, American Tower Corporation (the "Company") issued a press release (the "Press Release") announcing that certain of its indirect subsidiaries priced, in a private transaction, $1.3 billion aggregate principal amount of Secured Tower Revenue Securities, Series 2023-1A, Subclass A, and $68.5 million aggregate principal amount of Secured Tower Revenue Securities, Series 2023-1, Subclass R (collectively, the "Securities"). The Securities will be backed by a loan to two special-purpose subsidiaries of the Company that will be secured primarily by mortgages on their interests in 5,036 communications sites.

A copy of the Press Release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.

**Item 9.01**&nbsp;&nbsp;&nbsp;&nbsp;**Financial Statements and Exhibits.** 

**(d)**&nbsp;&nbsp;&nbsp;&nbsp;**Exhibits** 

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| | |
|:---|:---|
| **<u>Exhibit No.</u>** | **<u>Description</u>** |
| 99.1 | <u>[Press Release, dated March](exhibit9912023securitizati.htm)[8](exhibit9912023securitizati.htm)[, 2023.](exhibit9912023securitizati.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

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**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.

---

| | | | |
|:---|:---|:---|:---|
| | | AMERICAN TOWER CORPORATION | AMERICAN TOWER CORPORATION |
| | | (Registrant) | (Registrant) |
| Date: | March 8, 2023 | By: | /s/ Rodney M. Smith |
|  |  |  | Rodney M. Smith |
|  |  |  | Executive Vice President, Chief Financial Officer and Treasurer |

---

## Exhibit 99.1

**Exhibit 99.1**

![image_0.jpg](image_0.jpg)

Contact: Adam Smith

Senior Vice President, Investor Relations

Telephone: (617) 375-7500

**<u>AMERICAN TOWER CORPORATION ANNOUNCES PRICING OF SECURITIES OFFERING</u>**

**BOSTON, MASSACHUSETTS - March 8, 2023 -** American Tower Corporation (NYSE: AMT) (the "Company") today announced that certain of its indirect subsidiaries priced, in a private transaction, $1.3 billion aggregate principal amount of Secured Tower Revenue Securities, Series 2023-1, Subclass A (the "Series 2023-1A Securities"). Upon issuance, the Series 2023-1A Securities will have a principal balance of $1.3 billion, an interest rate of 5.490% and an expected life of approximately five years, with a final maturity of March 2053. The Company intends to use the net proceeds of this offering to repay existing indebtedness and for general corporate purposes.

To satisfy the applicable risk retention requirements of Regulation RR promulgated under the Securities Exchange Act of 1934, as amended (the "Risk Retention Rules"), an affiliate of the Company intends to purchase $68.5 million aggregate principal amount of Secured Tower Revenue Securities, Series 2023-1, Subclass R (the "Series 2023-1R Securities" and, together with the Series 2023-1A Securities, the "Securities") to retain an "eligible horizontal residual interest" (as defined in the Risk Retention Rules) in an amount equal to at least 5% of the fair value of the Securities. Upon issuance, the Series 2023-1R Securities will have an interest rate of 5.735% and an expected life of approximately five years, with a final maturity of March 2053.

The Securities will be backed by a loan to two special-purpose subsidiaries of the Company that will be secured primarily by mortgages on their interests in 5,036 communications sites. The transaction is expected to close on March 13, 2023, subject to customary closing conditions.

This announcement is neither an offer to sell nor a solicitation of an offer to buy any of the Securities, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. The Securities subject to the proposed offering have not been registered under the Securities Act of 1933, as amended (the "Securities Act") or any state securities laws, and are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, to persons that qualify as accredited investors within the meaning of Regulation D under the Securities Act and to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act. Unless so registered, the Securities may not be offered or sold in the United States or to U.S. persons except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws.

**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 nearly 225,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit the "Earnings Materials" and "Investor Presentations" sections of our investor relations website at <u>www.americantower.com</u>.

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**Cautionary Language Regarding Forward-Looking Statements**

This press release contains "forward-looking statements" concerning the Company's goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in the Company's forward-looking statements as a result of various factors, including those factors set forth in Item 1A of its Form 10-K for the year ended December 31, 2022 under the caption "Risk Factors." 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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