American Tower Corp (AMT) 2020-3

EUR750.0007.25Jan-28Sr. UnsecuredBaa3BBB-BBB+FixedSwapsMS+115 aMS+90880.50%-99.55500
EUR650.00011.25Jan-32Sr. UnsecuredBaa3BBB-BBB+FixedSwapsMS+145 aMS+145 a1181%-99.57500
Tranche Comments
7.25 yr: Book size: 2200; Registration: Registered; Comments: EUR750m 7.25yr Jan 2028 bmk snr unsec SEC Regd. With long 11yr. Baa3/BBB-/BBB+. BofA(B&D)/MS/Santan/TD. IPTs MS+115 area, guidance MS+90 area (+/-2 WPIR), launch 750m at MS+88, bk >2.2bn pre rec @guidance. HR 95% vs DBR 0% Nov-27 +117.4, 3mPC, MWC B+20. Priced Weds. FTT 7.45am; 11.25 yr: Book size: 2000; Registration: Registered; Comments: EUR650m 11.25yr Jan 2032 bmk snr unsec SEC Regd. With long 7yr. Baa3/BBB-/BBB+. BofA(B&D)/MS/Santan/TD. IPTs MS+145 area, guidance MS+120 area (+/-2 WPIR), launch 650m @MS+118, bk >2bn pre rec @guidance. HR 101% vs DBR 0% Aug-30+151.1, 3mPC, MWC B+25. Priced Weds, FTT 7.45am;

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