Key Developments: American Tower Corp (AMT)

AMT on New York Consolidated

91.02USD
3 Sep 2015
Change (% chg)

$-0.15 (-0.16%)
Prev Close
$91.17
Open
$91.39
Day's High
$92.00
Day's Low
$90.79
Volume
1,979,387
Avg. Vol
2,354,008
52-wk High
$106.31
52-wk Low
$89.39

Search Stocks

Latest Key Developments (Source: Significant Developments)

American Tower Corp updates on FY 2015 guidance
Wednesday, 29 Jul 2015 07:00am EDT 

American Tower Corp:Says that it has raised the midpoint of FY 2015 outlook for total rental and management revenue by $90 million.Sees FY 2015 Adjusted EBITDA by $30 million.Sees FY 2015 AFFO by $60 million.Says the company's outlook includes the 4,699 Airtel Nigeria sites acquired on July 1, 2015.Says the acquisition expected to contribute about $110 million in revenue, $30 million in Adjusted EBITDA and $20 million in AFFO to FY 2015 results, at current exchange rates.  Full Article

American Tower Corp closes Airtel Transaction
Wednesday, 1 Jul 2015 04:30pm EDT 

American Tower Corp:Announced that it has closed its previously announced acquisition of about 4,700 communications sites in Nigeria from Bharti Airtel Limited, through Bharti Airtel Limited's subsidiary company, Bharti Airtel International (Netherlands) BV.  Full Article

American Tower Corp declares quarterly distribution
Thursday, 21 May 2015 04:30pm EDT 

American Tower Corp:Declares quarterly cash distribution of $0.44 per share on shares common stock.Payable on July 16 to such stockholders of record date as on June 17.  Full Article

American Tower Corp prices securitized notes offering
Wednesday, 20 May 2015 07:05pm EDT 

American Tower Corp:Says that its subsidiary, GTP Acquisition Partners I, LLC (GTP Acquisition Partners), priced, in a private transaction, $350 million aggregate principal amount of American Tower Secured Revenue Notes, Series 2015-1.And $525 million aggregate principal amount of American Tower Secured Revenue Notes, Series 2015-2 (collectively, the notes).Says that notes will be secured primarily by 3,621 communications sites owned by subsidiaries of GTP Acquisition Partners.Says Series 2015-1 notes have an interest rate of 2.350 pct., an anticipated repayment date of June 15, 2020 and a final repayment date of June 15, 2045.Says Series 2015-2 notes have an interest rate of 3.482 pct., an anticipated repayment date of June 16, 2025 and a final repayment date of June 15, 2050.Says that GTP Acquisition Partners intends to use net proceeds of this offering, together with cash on hand, to repay all amounts outstanding under its Series 2011-1, Series 2011-2 and Series 2013-1 securitized notes, and to pay any related prepayment consideration, transaction fees and expenses.  Full Article

American Tower Corp updates FY 2015 outlook
Thursday, 30 Apr 2015 07:00am EDT 

American Tower Corp:Expects FY 2015 total rental and management revenue to be in the range of $4.555 bln to $4.605 bln.Expects FY 2015 adjusted EBITDA in the range of $2.990 bln to $3.030 bln.Expects FY 2015 net income in the range of $830 mln to $860 mln.FY 2015 net income of $935 mln - Thomson Reuters I/B/E/S.FY 2015 adjusted EBITDA of $3.009 bln - Thomson Reuters I/B/E/S.FY 2015 revenue of $4.675 bln - Thomson Reuters I/B/E/S.  Full Article

American Tower Corp declares preferred stock dividends
Tuesday, 14 Apr 2015 04:30pm EDT 

American Tower Corp:Declares cash distribution of $1.3125 per share on shares of 5.25 pct Mandatory Convertible Preferred Stock, Series A.Declares cash distribution of $11.1528 per share of 5.50 pct Mandatory Convertible Preferred Stock, Series B, equivalent to $1.11528 per depositary share, each representing a 1/10th interest in a share of such stock.Each cash distribution is payable on May 15, of record at the close of business on May 1.  Full Article

American Tower closes Verizon Transaction
Monday, 30 Mar 2015 07:30am EDT 

American Tower Corp:Closes its previously announced acquisition of the exclusive right to lease, acquire or otherwise operate and manage 11,448 wireless communications sites from certain subsidiaries of Verizon Communications Inc. for about $5.053 bln in cash.  Full Article

American Tower Corp declares quarterly distribution
Thursday, 5 Mar 2015 04:30pm EST 

American Tower Corp:Declares quarterly cash distribution of $0.42 per share on shares of the Company's common stock.Payable on April 28, of record at the close of business on April 10.  Full Article

American Tower Corp prices concurrent public offerings of common stock and mandatory convertible preferred stock
Thursday, 26 Feb 2015 08:30am EST 

American Tower Corp:Prices its concurrent registered public offerings of 23,500,000 shares of common stock at $97.00 per share and 12,500,000 depositary shares, each representing a 1/10th interest in a share of 5.50 pct Mandatory Convertible Preferred Stock, Series B, at $100.00 per depositary share.Underwriters of each offering have an option to purchase up to an additional 2,350,000 shares of common stock and an additional 1,250,000 depositary shares, as applicable, to cover over-allotments, if any.Net proceeds of the common stock offering and depositary shares offering are expected to be about $2.22 bln and $1.22 bln, respectively after deducting underwriting discounts and estimated offering expenses.Expects to use the net proceeds from these offerings, together with cash on hand and borrowings under its revolving credit facilities, to finance the recently announced Verizon transaction and to pay related fees and expenses.Goldman, Sachs & Co. is acting as lead book-running manager for both the common stock and the depositary shares offerings.BofA Merrill Lynch, Barclays, Citigroup and J.P. Morgan are also acting as joint book-running managers with respect to the common stock offering, and RBC Capital Markets, Morgan Stanley, RBS Securities Inc.TD Securities are also acting as joint book-running managers with respect to the depositary shares offering.  Full Article

American Tower Corp gives FY 2015 guidance
Monday, 23 Feb 2015 04:30pm EST 

American Tower Corp:Expects FY 2015 total rental and management revenue of $4.250 bln to $4.330 bln.Expects FY 2015 adjusted EBITDA of $2.820 bln to $2.900 bln.Expects FY 2015 net income of $945 mln to $995 mln.  Full Article

DIARY-U.S. MEETINGS/WEEK AHEAD

Thomson Reuters August 11, 2015 - Corporate Meetings for US companies for Week ahead. S&P 500 Earnings - MONTH AHEAD Dividends Non S&P 500 - Weekly Federal Reserve events ConferenceCall/Webcast - Weekly Meetings - Weekly Xtra users can see more details on conference calls & webcasts by hovering your mouse over the RIC, right click, no click on Related Co Data, now click on Co Events.

Search Stocks