Crown Castle Increases Revolving Credit Facility Commitments to $3.5 Billion and Extends Maturity of Existing Facilities

8/29/17

HOUSTON, Aug. 29, 2017 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) announced that it increased the commitments under its Senior Unsecured Revolving Credit Facility by $1 billion, for total commitments of $3.5 billion, and extended the maturity date on its Senior Unsecured Credit Facility (“Credit Facility”) to August 29, 2022. The Credit Facility consists of a $2.5 billion Senior Unsecured Term Loan A Facility and, after giving effect to the increased commitments, a $3.5 billion Revolver. At closing, there was $3.5 billion in availability under the Revolver.

ABOUT CROWN CASTLE

Crown Castle provides wireless carriers with the infrastructure they need to keep people connected and businesses running. With approximately 40,000 towers and 60,000 route miles of fiber supporting small cells following the completion of the Lightower acquisition, Crown Castle is the nation's largest provider of shared wireless infrastructure with a significant presence in the top 100 U.S. markets. For more information on Crown Castle, please visit www.crowncastle.com.

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