Shearman & Sterling Advises on Senior Notes for American Tower Corporation

Shearman & Sterling represented the underwriters, led by RBS and other joint bookrunning managers Barclays Capital, BofA Merrill Lynch, Credit Agricole CIB and RBC Capital Markets, on the shelf takedown of $500 million of 5.900% Senior Notes due 2021 for American Tower Corporation. American Tower Corporation, a wireless and broadcast communications infrastructure company with a portfolio of over 38,000 communications sites, including wireless and broadcast towers located in the United States, Mexico, Brazil, and India, plans to use the proceeds to pay down debt and to finance acquisitions in the United States, Ghana, Colombia and South Africa.

The Shearman & Sterling team included partners Robert Roberts (New York-Capital Markets), Jason Lehner (Toronto/New York-Capital Markets), Don Lonczak (Washington, DC-Tax), and Russell Sacks (New York-Financial Institutions Advisory & Financial Regulatory); counsel Lindi Beaudreault (New York-Litigation) and Jason Pratt (New York-Real Estate/Environmental); and associates Oliver Loxley (New York-Capital Markets), Brian Calandra (New York-Capital Markets), Steven Blau (New York-Financial Institutions Advisory & Financial Regulatory), Gerald Feige (Washington, DC-Tax), Christopher Greer (New York-Real Estate/Environmental) and Masakazu Kumagai (New York-Capital Markets).