Crown castle announces proposed offering of senior notes

Houston, feb. 08, 2021 (globe newswire) -- crown castle international corp. (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 international corp. crown castle intends to use the net proceeds from this offering to redeem or repurchase all of its outstanding 5.250% senior notes due 2023, repay a portion of the outstanding indebtedness under its commercial paper program and a portion of the outstanding borrowings under its senior unsecured term loan a facility, and pay fees and expenses related to the foregoing.
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