trending Market Intelligence /marketintelligence/en/news-insights/trending/oZJUZnp4T-fDGocXwC-cPA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Crown Castle closes senior notes offering

Southeast Asian broadband providers report varying performance amid COVID-19

Cable networks react to pandemic by cutting SG&A, programming costs

Strong Competition Remains For Thailand Digital Terrestrial TV Channel

ITU: Regulators discuss impacts of COVID-19 on policymaking

Crown Castle closes senior notes offering

Crown Castle InternationalCorp. closed its publicoffering of $250 million aggregate principal amount of its 3.400% seniornotes due 2021 and $750 million aggregate principal amount of its 3.700% seniornotes due 2026.

The 2021 notes will mature Feb. 15, 2021, and the 2026 noteswill mature June 15, 2026. However, at its discretion, the company may redeem someor all of the notes at any time prior to their maturity.

The company plans to use the net proceeds to repay in full thesenior secured tower revenue notes, series 2010-2, class C-2017 and the senior securedtower revenue notes, series 2010-5, class C-2017, each issued by certain of itsunits.

It also intends to use the proceeds to repay a portion of theoutstanding borrowings under its senior unsecured revolving credit facility.