Crown Castle to partially repay credit facilities with note offering

By Tali Rackner

Norfolk, Va., Jan. 28 – Crown Castle International Corp. will repay a portion of the outstanding borrowings under its $5.5 billion senior unsecured credit facility, including under the $1 billion senior unsecured 364-day revolving credit facility, with the proceeds from a senior note offering, according to a news release.

Houston-based Crown Castle owns, operates and leases towers and other infrastructure for wireless communications.

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