Summary
Crown Castle International Corp. (CCI) has announced its intention to redeem its entire $1 billion aggregate principal amount of 3.849% Senior Secured Notes due 2023. These notes are issued by its indirect wholly owned subsidiary, CC Holdings GS V LLC. The redemption is scheduled to occur on March 21, 2022, with the final price to be determined according to the terms outlined in the indenture governing these notes, including any accrued and unpaid interest. While this 8-K filing serves as notification of the company's intent, it is not the formal notice of redemption itself.
Key Highlights
- 1Crown Castle (CCI) plans to redeem $1 billion of its 3.849% Senior Secured Notes due 2023.
- 2The redemption is scheduled for March 21, 2022.
- 3The notes are issued by a subsidiary, CC Holdings GS V LLC.
- 4The redemption price will include accrued and unpaid interest and be determined by the indenture's terms.
- 5This filing is an announcement of intent, not the formal redemption notice.
Frequently Asked Questions
Crown Castle International Corp. (CCI) is announcing its intention to redeem its $1 billion aggregate principal amount of 3.849% Senior Secured Notes due 2023.
The redemption is scheduled to occur on March 21, 2022.
The aggregate principal amount of the notes being redeemed is $1 billion.
The notes are issued by CC Holdings GS V LLC, an indirect wholly owned subsidiary of Crown Castle International Corp.