|Crown Castle Completes New $3.1 Billion Credit Facility|
Loans under the Revolver and the Term Loan A bear interest at a per annum rate equal to LIBOR plus 2.0% to 2.75%, based on CCOC's total net leverage ratio. Loans under the Term Loan B bear interest at a per annum rate equal to LIBOR plus 3.0% (with LIBOR subject to a floor of 1% per annum).
The proceeds of the loans under the New Facility were used in part to repay CCOC's existing revolving credit facility (under which there was
Additional details regarding the New Facility will be available in
The New Facility was arranged by
Cautionary Language Regarding Forward-Looking Statements
This press release contains forward-looking statements that are based on
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