Crown Castle Increases Revolving Credit Facility Commitments to $3.5 Billion and Extends Maturity of Existing Facilities

HOUSTON, Aug. 29, 2017 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) (“Crown Castle”) today announced that it increased the commitments under its Senior Unsecured Revolving Credit Facility (“Revolver”) by $1 billion, for total commitments of $3.5 billion, and extended the maturity date on its Senior Unsecured Credit Facility (“Credit Facility”) to August 29, 2022.  The Credit Facility consists of a $2.5 billion Senior Unsecured Term Loan A Facility and, after giving effect to the increased commitments, a $3.5 billion Revolver.  At closing, there was $3.5 billion in availability under the Revolver. ABOUT CROWN CASTLE Crown Castle provides wireless carriers with the infra...

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