American Tower Corporation AMT announced today that it has entered into a new revolving credit facility that allows the Company to borrow $860 million and, subject to receiving additional commitments, up to $1.0 billion.
The new credit facility has a term of five years, maturing on April 8, 2016. The credit facility does not require amortization of payments and may be repaid prior to maturity in whole or in part at the Company's option without penalty or premium.
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