AMERICAN TOWER CORP /MA/ - 8-K Filing
American Tower Corporation amended its $6 billion multicurrency credit facility, $4 billion credit facility, and $1 billion term loan to extend their maturities through 2029–2031. The amendments include provisions for up to $5 billion in borrowing tied to acquisitions, increased swingline sublimits, revised lien covenants allowing secured debt at a 3.5x EBITDA ratio, and restrictions on indebtedness to subsidiaries only. (Items: 1.01 Entry into a Material Definitive Agreement, 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant)
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