Crown Castle Announces the Expiration of Its Cash Tender Offers for 9 3/8% Senior Notes, 10 3/4% Senior Notes, 7.5% Senior Notes and 7.5% Series B Senior Notes
HOUSTON, Oct. 11 /PRNewswire-FirstCall/ -- Crown Castle International Corp. (NYSE: CCI) today announced that its cash tender offers for up to $205,574,000 of its outstanding 9 3/8% Senior Notes due 2011 (CUSIP No. 228227AS3), $216,412,000 of its outstanding 10 3/4% Senior Notes due 2011 (CUSIP No. 228227AJ3), $151,445,000 of its outstanding 7.5% Senior Notes due 2013 (CUSIP No. 228227AW4), and $151,445,000 of its outstanding 7.5% Series B Senior Notes due 2013 (CUSIP No. 228227AY0) (collectively, the "Notes") have expired.
As of 5:00 p.m. (EDT) on October 8, 2004, the scheduled expiration date, $7,000 in aggregate principal amount of the 9 3/8% Senior Notes due 2011, $415,000 in aggregate principal amount of the 10 3/4% Senior Notes due 2011, $5,000 in aggregate principal amount of the 7.5% Senior Notes due 2013 and $38,000 in aggregate principal amount of the 7.5% Series B Senior Notes due 2013 had been validly tendered pursuant to the Offer to Purchase dated September 10, 2004 (the "Offer to Purchase"). Crown Castle accepted for payment all Notes validly tendered in the offers. Payment will be made on the validly tendered Notes as provided in the Offer to Purchase.
The Bank of New York acted as depositary and MacKenzie Partners, Inc. acted as the information agent for the offers. Questions regarding the tender offers may be directed to The Bank of New York, the Depositary, at (212) 815-5920, or in writing to The Bank of New York, Reorganization Unit, 101 Barclay Street -- 7 East, New York, New York 10286, Attention: Carolle Montreuil.
This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The offers were made pursuant to the Offer to Purchase and related Letter of Transmittal dated September 10, 2004.
Contacts: W. Benjamin Moreland, CFO Jay Brown, Treasurer Crown Castle International Corp. 713-570-3000 SOURCE Crown Castle International Corp. -0- 10/11/2004 /CONTACT: W. Benjamin Moreland, CFO, or Jay Brown, Treasurer, +1-713-570-3000, both of Crown Castle International Corp./ /Web site: http://www.crowncastle.com / (CCI) CO: Crown Castle International Corp.; Bank of New York; MacKenzie Partners, Inc. ST: Texas, New York IN: CPR TLS FIN SU: TNM JC-AP -- DAM015 -- 2697 10/11/2004 09:15 EDT http://www.prnewswire.com