Crown Castle International Corp. (CCI) said it priced $1.9 billion of Senior Secured Tower Revenue Notes which would be issued by certain of its indirect subsidiaries in a private transaction as additional debt securities under the existing Indenture dated as of June 1, 2005, pursuant to which the Senior Secured Tower Revenue Notes, Series 2005-1, and the Senior Secured Tower Revenue Notes, Series 2006-1, were issued.
The Offered Notes consist of three classes of Notes, all of which are expected to be rated investment grade. The Class C-2015 Notes consist of $300 million of 4.523% Notes and have an expected life of five years with a final maturity date in January 2035. The Class C-2017 Notes consist of $350 million of 5.495% Notes and have an expected life of seven years with a final maturity date in January 2037. The Class C-2020 Notes consist of $1.25 billion of 6.113% Notes and have an expected life of ten years with a final maturity date in January 2040. All of the Offered Notes were priced at par. The weighted average interest rate on the Notes is approximately 5.75%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.