Crown Castle Announces Pricing of Senior Notes Offering

HOUSTON, April 26, 2016 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) ("Crown Castle") announced today that it has priced its previously announced public offering of 3.400% Senior Notes due 2021 and 3.700% Senior Notes due 2026, in aggregate principal amounts of $250 million and $750 million, respectively.  The Senior Notes due 2021 will have an interest rate of 3.400% per annum and will be issued at a price equal to 102.637% of their face value to yield 2.796%.  The Senior Notes due 2026 will have an interest rate of 3.700% per annum and will be issued at a price equal to 99.695% of their face value to yield 3.736%. The net proceeds from the offering are expected to be ...

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