Crown Castle Announces Proposed Offering of Senior Notes

HOUSTON, Aug. 22, 2016 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) ("Crown Castle") announced today that it is commencing a public offering of senior notes due 2021, subject to market and other conditions. The notes will be issued by Crown Castle International Corp.  Crown Castle expects to use net proceeds from the offering, together with cash on hand, to repay in full the 2.381% Senior Secured Notes due 2017 issued by CC Holdings GS V LLC, Crown Castle’s indirect wholly owned subsidiary, and its subsidiary as co-issuer. Citigroup, Fifth Third Securities, Merrill Lynch, Pierce, Fenner & Smith Incorporated, MUFG and SMBC Nikko are the joint book-running managers of...

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