Crown Castle (CCI) prices $1.25 billion senior notes.

Crown Castle International Corp. (CCI) announced that it has priced an offering of $750 million 3.30% senior notes due 2030 (+270) and $500 million 4.15% senior notes due 2050 (+285).  Proceeds will be used to repay borrowings under CCI's revolving credit facility.

A member of the S&P 500, Crown Castle International Corp. (CCI) is one of the largest owners of wireless cell tower properties in the U.S. with a managed portfolio of 40,000 towers and 75,000 miles of fiber supporting 65,000 infill cell units.  As of December 31, 2019, CCI had an enterprise value of approximately $79 billion.


04/01/2020