Crown Castle International Corp. (CCI) is in the market with a refinancing of $1.9 billion in senior secured notes.
Details on the notes are available via the link below from the ASR Scorecard database.
The three-tranche transaction, which is a hybrid commercial mortgage and corporate credit deal, is backed by cash flow from the operation of the country’s cell phone towers
The offering is expected to price early next week, according to published reports. The three-part transaction is divided into a $300 million five-year tranche, a $350 million seven-year part and a 10-year $1.25 billion tranche.
