Crown Castle Announces Pricing of Senior Notes Offering
HOUSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today that it has priced its previously announced public offering of 5.000% Senior Notes due 2028 in aggregate principal amount of $1.0 billion.
- HOUSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today that it has priced its previously announced public offering of 5.000% Senior Notes due 2028 in aggregate principal amount of $1.0 billion.
- The net proceeds from the offering are expected to be approximately $990 million, after deducting the underwriting discount and other estimated offering expenses payable by Crown Castle.
- Crown Castle intends to use the net proceeds from this offering to repay outstanding indebtedness under its existing revolving credit facility and pay related fees and expenses.
- More information about potential risk factors that could affect Crown Castle and its results is included in Crown Castle’s filings with the SEC.