Crown Castle Announces Proposed Offering of Senior Notes
August 01 2019 - 8:38AM
Crown Castle International Corp. (NYSE: CCI) ("Crown Castle")
announced today that it is commencing a public offering of senior
notes due 2029 and senior notes due 2049, in each case subject to
market and other conditions. The notes will be issued by
Crown Castle International Corp. Crown Castle intends to use
the net proceeds from this offering to repay outstanding
indebtedness under its existing revolving credit facility and
commercial paper program.
Citigroup, Credit Agricole CIB, Deutsche Bank
Securities, RBC Capital Markets and SunTrust Robinson Humphrey are
the joint book-running managers of the offering.
The offering is being made pursuant to the
existing effective shelf registration statement filed with
the Securities and Exchange Commission ("SEC"). The
offering will be made only by means of a prospectus supplement and
the accompanying base prospectus, copies of which may be obtained
by contacting any joint book-running manager using the information
provided below. An electronic copy of the preliminary
prospectus supplement, together with the accompanying prospectus,
is also available on the SEC's website, www.sec.gov.
This press release shall not constitute an offer
to sell or a solicitation of an offer to buy the securities
described herein, nor shall there be any sale of these securities
in any state or other jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
CAUTIONARY LANGUAGE REGARDING
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking
statements that are based on Crown Castle management's current
expectations. Such statements include plans, projections and
estimates regarding the proposed offering, including the use of
proceeds therefrom. Such forward-looking statements are
subject to certain risks, uncertainties and assumptions, including
prevailing market conditions and other factors. Should one or
more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary
materially from those expected. More information about
potential risk factors that could affect Crown Castle and its
results is included in Crown Castle's filings with the SEC.
The term "including," and any variation thereof, means "including,
without limitation."
ABOUT CROWN CASTLE
Crown Castle owns, operates and leases more than
40,000 cell towers and approximately 75,000 route miles of fiber
supporting small cells and fiber solutions across every major U.S.
market. This nationwide portfolio of communications infrastructure
connects cities and communities to essential data, technology and
wireless service - bringing information, ideas and innovations to
the people and businesses that need them.
JOINT BOOK-RUNNING MANAGERS CONTACT
INFORMATION
Citigroup Global Markets Inc.c/o
Broadridge Financial Solutions1155 Long Island AvenueEdgewood, NY
11717Telephone: (800) 831-9146E-mail: prospectus@citi.com
|
Credit Agricole Securities (USA)
Inc.1301 Avenue of the AmericasNew York, NY 10019Attn: Fixed Income
SyndicateToll-free: (866) 807-6030 |
Deutsche Bank Securities Inc.60
Wall StreetNew York, New York 10005Attn: Prospectus GroupToll free
at 1-800-503-4611E-mail: prospectus.CPDG@db.com |
RBC Capital Markets, LLC200 Vesey
Street, 8th FloorNew York, NY 10281Attn: Transaction
ManagementTelephone: 1-866- 375-6829Facsimile:
212-658-6137E-Mail: rbcnyfixedincomeprospectus@rbccm.com
|
SunTrust Robinson Humphrey,
Inc.303 Peachtree StreetAtlanta, GA 30308Attn: Prospectus
DepartmentToll-free: (800) 685-4786Email:
STRHdocs@SunTrust.com |
|
CONTACTSDan Schlanger, CFOBen Lowe, VP & TreasurerCrown
Castle International Corp.713-570-3050
Crown Castle (NYSE:CCI)
Historical Stock Chart
From Aug 2024 to Sep 2024
Crown Castle (NYSE:CCI)
Historical Stock Chart
From Sep 2023 to Sep 2024