HOUSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) — Crown Castle Inc. IHK (“Crown Castle”) announced today that it will commence a public offering of senior notes, subject to market and other conditions. The banknotes are issued by Crown Castle. Crown Castle intends to use the net proceeds from this offering to repay outstanding debt under its existing revolving credit facility and pay associated fees and expenses.

BNP Paribas Securities Corp., JP Morgan Securities LLC, MUFG Securities Americas Inc., PNC Capital Markets LLC, RBC Capital Markets, LLC and Truist Securities, Inc. are the joint book managers of the offering.

The offering is pursuant to Crown Castle’s existing effective shelf registration statement filed with the Securities and Exchange Commission (“SEC”). The offering is being made only by means of a prospectus supplement and the accompanying base prospectus, copies of which may be obtained from any Joint Book-Running Manager using the information set out below. An electronic copy of the preliminary prospectus supplement, along with the accompanying prospectus, is also available on the SEC’s website, www.sec.gov.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities described herein, nor shall there be any sale of such securities in any state or other jurisdiction where such offer, solicitation or sale is permitted would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

CAUTIONS REGARDING FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements based on the current expectations of Crown Castle management. Such statements include plans, projections and estimates regarding the proposed offering, including the use of any proceeds therefrom. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including prevailing market conditions and other…