BOSTON-American Tower Corp. said in a recent filing with the Securities and Exchange Commission it plans to sell up to $850 million in debt securities, preferred stock, common stock, warrants, stock purchase contracts and equity units.
The company plans to use the proceeds for general corporate purposes, including repayment of debt, refinancing, redemption or repurchase of debt or stock, working capital, capital expenditures, acquisitions and investments.
Shares of American Tower were trading down slightly at $10.60 mid-day Wednesday.
