Crown Castle releases Crown PR as obligor under tower revenue notes after internal transfer of 114 towers

CROWN CASTLE INC.

On Dec 1, 2023, Crown Castle Towers entered an indenture supplement releasing Crown PR as obligor.
Crown PR (114 towers) was transferred to other indirect wholly-owned subsidiaries of Crown Castle.
All liens on Crown PR's collateral were released under the Senior Secured Tower Revenue Notes.
The transfer is a permitted disposition under the existing indenture; Crown PR remains a Crown Castle subsidiary.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CROWN CASTLE INC. entered into Indenture Supplement with The Bank of New York Mellon (effective 2023-12-01).

Action: entry
Agreement: notes offering
Counterparty: The Bank of New York Mellon
Effective: 2023-12-01

Exact text from the filing

On December 1, 2023, Crown Castle Towers LLC (“Issuer Entity”) and certain of its wholly owned subsidiaries entered into an indenture supplement (“Indenture Supplement”) with the Bank of New York Mellon, as indenture trustee

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CROWN CASTLE INC. filing history →

Source: SEC EDGAR

accession 0001193125-23-287479

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