American Tower takes out $500m loan

September 4, 2007 09:49 AM E-mail| |Comments ()| Text size +

American Tower Corp., which owns and operates wireless communication towers, said today that it took out a new $500 million senior unsecured loan to refinance existing debt.

The new term loan expires Aug. 30, 2012. American Tower did not disclose the financial terms of the loan.
(By Chris Reidy, Globe staff)

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