Crown Castle prices USD 1 bln senior note offering

Friday 1 May 2015 | 15:04 CET | News
Crown Castle International has priced USD 1 billion worth of senior secured notes to be issue by certain of its indirect subsidiaries. The company will issue USD 300 million worth of Class C-2002 worth of notes at 3.222 percent, and USD 700 million worth of Class C-2025 worth of notes at 3.663 percent. Crown Castle expects to use the net proceeds to retire the 2010-4 notes, and for general corporate purposes. The offering is expected to close around 15 May.

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Categories: General
Companies: Crown Castle
Countries: United States
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