Crown Castle Announces Proposed Offering of Senior Notes

1/9/18

HOUSTON, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) announced today that it is commencing a public offering of senior notes due 2023 and senior notes due 2028, in each case subject to market and other conditions. The notes will be issued by Crown Castle International Corp. Crown Castle intends to use the net proceeds from this offering to repay in full the Senior Secured Tower Revenue Notes, Series 2010-3, Class C-2020 issued by certain of Crown Castle’s subsidiaries and a portion of the outstanding borrowings under its existing revolving credit facility.

Citigroup, Credit Agricole CIB, RBC Capital Markets, SOCIETE GENERALE and TD Securities are the joint book-running managers of the offering.

ABOUT CROWN CASTLE

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 60,000 route miles of fiber supporting small cells and fiber solutions across every major US market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them.

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