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Wireless

American Tower gets new USD 1.5 bln loan

Tuesday 29 October 2013 | 21:08 CET | News
US mobile tower operator American Tower has entered into a new USD 1.5 billion unsecured term loan. The company received net proceeds of approximately USD 1.495 billion from the term loan, which were used together with cash on hand to repay its existing USD 750 million unsecured term loan entered into in June 2012 and USD 800 million of outstanding indebtedness under its USD 1 billion unsecured revolving credit facility entered into in January 2012.

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Categories: Mobile & Wireless
Countries: United States
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