Crown Castle to redeem 10¾% notes, 9 3/8% notes

By Jennifer Chiou

New York, June 16 - Crown Castle International Corp. announced the redemption of its $10 million of 10¾% senior notes and $1.7 million of 9 3/8% senior notes, both due Aug. 1, 2011.

The company will redeem the securities at the contractual call price of 103.583% for the 10¾% notes and 104.688% for the 9 3/8% notes, plus accrued interest to the Aug. 1 redemption date.

The Bank of New York is the trustee.

Crown Castle is a Houston-based owner, operator and manager of wireless communications sites.

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