secwatch.observer — SEC 8-K summary
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Issuer:     CROWN CASTLE INC. (CCI)
CIK:        0001051470
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0001051470-26-000055
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crown Castle enters $4.5B unsecured revolving credit facility, maturing 2031
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- New $4.5B unsecured revolving credit facility replaces prior credit agreement; includes $100M letter of credit subfacility.
- Proceeds from fiber and small cells sale to Zayo/EQT used to repay all outstanding loans under old facility.
- Pricing based on credit rating: Term SOFR loans range from 0.750% to 1.375%; commitment fees 0.080% to 0.200%.
- Financial covenants: max total net debt/EBITDA 7.00x (adjustable to 7.50x post-qualified acquisitions), max senior secured debt/EBITDA 3.50x.
- Maturity on May 1, 2031; no mandatory amortization; voluntary prepayment without premium.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1051470/000105147026000055/0001051470-26-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1051470/000105147026000055/cci-20260501.htm
  HTML page:      https://secwatch.observer/filing/0001051470-26-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer