American Tower Corporation Prices Senior Notes Offering

  American Tower Corporation Prices Senior Notes Offering

Business Wire

BOSTON -- January 3, 2013

American Tower Corporation (NYSE: AMT) (the “Company”) today announced the
pricing of its registered public offering of senior unsecured notes due
January 31, 2023, in an aggregate principal amount of $1 billion. The notes
will have an interest rate of 3.50%per annum and are being issued at a price
equal to 99.185% of their face value. The net proceeds of the offering are
expected to be approximately $983.4 million, after deducting underwriting
discounts and estimated offering expenses. The Company intends to use the net
proceeds from this offering to refinance some or all of the existing
indebtedness incurred under its credit facilities, which has been primarily
used to fund recent acquisitions.

Barclays Capital Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC
and RBS Securities Inc. are acting as joint book-running managers for the
offering of the notes.

This press release shall not constitute an offer to sell or a solicitation to
buy any securities, nor shall there be any sale of these securities in any
state or jurisdiction in which such an offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such state or jurisdiction. The offering is being made only by means of a
prospectus and related prospectus supplement, which may be obtained by
visiting the Securities and Exchange Commission’s website at
Alternatively, you may request these documents by calling Barclays Capital
Inc. toll-free at 1-888-603-5847, J.P. Morgan Securities LLC collect at
1-212-834-4533, RBC Capital Markets, LLC toll-free at 1-866-375-6829 and RBS
Securities Inc. toll-free at 1-866-884-2071.

About American Tower

American Tower is a leading independent global owner, operator and developer
of broadcast and wireless communications sites. American Tower currently owns
and operates over 53,000 communications sites in the United States, Brazil,
Chile, Colombia, India, Germany, Ghana, Mexico, Peru, South Africa and Uganda.

Cautionary Language Regarding Forward-Looking Statements

This press release contains statements about future events and expectations,
or “forward-looking statements,” all of which are inherently uncertain. The
Company has based those forward-looking statements on management’s current
expectations and assumptions and not on historical facts. Examples of these
statements include, but are not limited to, statements regarding the Company’s
expectations of the dollar amount to be received in net proceeds, the
Company’s ability to complete the offering and the Company’s expectations for
the use of proceeds from the offering. These forward-looking statements
involve a number of risks and uncertainties. Among the important factors that
could cause actual results to differ materially from those indicated in such
forward-looking statements include market conditions for corporate debt
generally, for the securities of telecommunications companies and for the
Company’s indebtedness in particular. For other important factors that may
cause actual results to differ materially from those indicated in our
forward-looking statements, we refer you to the information contained in the
prospectus supplement for this offering and Item1A of the Form 10-Q for the
nine months ended September 30, 2012 under the caption “Risk Factors” and in
other filings the Company makes with the Securities and Exchange Commission.
The Company undertakes no obligation to update the information contained in
this press release to reflect subsequently occurring events or circumstances.


American Tower Corporation
Leah Stearns, 617-375-7500
Vice President, Investor Relations and Capital Markets
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