Crown Castle Proposes Senior Notes Offering

3/31/20

HOUSTON, March 31, 2020 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) announced today that it is commencing a public offering of one or more series of senior notes, 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, to the extent of any excess proceeds, for general corporate purposes.

BofA Securities, Inc. and Morgan Stanley are the joint book-running managers of the offering.

ABOUT CROWN CASTLE

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 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.

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