Crown castle announces proposed offering of senior notes

Houston, april 24, 2023 (globe newswire) -- crown castle inc. (nyse: cci) (“crown castle”) announced today that it is commencing a public offering of one or more series of senior notes, subject to market and other conditions. the notes will be issued by crown castle. crown castle intends to use the net proceeds from this offering (1) to repay outstanding indebtedness under its existing revolving credit facility and (2) to the extent of any remaining balance of net proceeds, to repay a portion of the outstanding indebtedness under its commercial paper program, and pay fees and expenses related to the foregoing.
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