secwatch.observer — SEC 8-K summary
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Issuer:     CROWN CASTLE INC. (CCI)
CIK:        0001051470
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001193125-24-198906
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crown Castle closes $1.25B senior notes offering ($550M 4.900% '29, $700M 5.200% '34)
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- Issued $550M 4.900% Senior Notes due 2029 and $700M 5.200% Senior Notes due 2034 on Aug 12, 2024.
- Net proceeds used to repay outstanding commercial paper and pay related fees and expenses.
- Notes are unsecured, rank equally with existing senior debt, junior to secured debt, structurally subordinated to subsidiary liabilities.
- Make-whole call: before Par Call Date at Treasury Rate + 20 bps; after Par Call Date at par.
- Holders can require repurchase at 101% upon Change of Control Triggering Event.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1051470/000119312524198906/0001193125-24-198906-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1051470/000119312524198906/d827738d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-198906

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