Crown Castle Announces Pricing of Public Offering of Common Stock

HOUSTON, April 26, 2017 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) (“Crown Castle”) announced today that it has priced its previously announced public offering of 4,750,000 shares of its common stock. The gross proceeds from the offering are expected to be approximately $447 million. Crown Castle intends to use the net proceeds from this offering for general corporate purposes, which may include the funding of acquisitions, including the proposed acquisition of Wilcon Holdings LLC (“Wilcon Acquisition”), discretionary investments and the repayment or repurchase of outstanding indebtedness. This offering is not contingent upon the consummation of the Wilcon Acquisitio...

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