debt
confidence high
sentiment neutral
materiality 0.50
Crown Castle prices $1.25B in two-tranche senior notes offering to repay CP
CROWN CASTLE INC.
- $550M 4.900% Senior Notes due 2029 priced at 99.736% to yield 4.959%.
- $700M 5.200% Senior Notes due 2034 priced at 99.332% to yield 5.286%.
- Net proceeds ~$1.23B after underwriting discount; used to repay commercial paper program.
- Joint book-running managers: BofA, BNP Paribas, MUFG, PNC, RBC, Truist.
- Issued under Crown Castle's existing shelf registration statement (File No. 333-277989).