Shearman & Sterling worked on an offering of investment grade notes of American Tower Corporation, a wireless and broadcast communications infrastructure company with a portfolio of over 45,000 communications sites, including wireless and broadcast towers located in the United States, Brazil, Chile, Colombia, India, Ghana, Mexico, Peru and South Africa. Shearman & Sterling represented the underwriters, led by J.P. Morgan and other joint bookrunning managers Citigroup, Mizuho Securities, Morgan Stanley and TD Securities, on the shelf takedown of $700 million of 4.70% Senior Notes due 2022. American Tower Corporation plans to use the proceeds to refinance the existing indebtedness it incurred under credit facilities, which have been used to fund recent acquisitions.

The Shearman & Sterling team included partners Robert Roberts (New York-Capital Markets) and Russell Sacks (New York-Financial Institutions Advisory & Financial Regulatory); counsel Lindi Beaudreault (New York-Litigation); and associates Jason Gao (New York-Capital Markets), Brian Calandra (New York-Capital Markets), Rita de la Guardia (New York-Capital Markets), and Shriram Bhashyam (New York-Financial Institutions Advisory & Financial Regulatory).