American Tower Corporation’s $6 Billion Amended Multi-Currency Credit Facilities

Shearman & Sterling advised Toronto Dominion (Texas) LLC, as administrative agent, on amendments to American Tower Corporation’s revolving credit facilities entered into in September 2014 and June 2013, upsizing them to $2.1 billion and $2.85 billion, respectively, and Mizuho Bank, as administrative agent, on an amendment to American Tower Corporation’s existing $1 billion unsecured term loan facility.

The maturity dates for all three facilities were extended.

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate. The Firm, led by James D Taiclet Jr, Thomas A Bartlett and Edmund Disanto.

Shearman advised with a team led by Susan Hobart (Picture).

Involved fees earner: Susan Hobart – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: Mizuho; Toronto Dominion Texas LLC;