Crown Castle Operating lifts revolver commitments to $2.23 billion

By Angela McDaniels

Tacoma, Wash., Feb. 3 – Crown Castle International Corp. subsidiary Crown Castle Operating Co. increased the revolving commitments under its credit agreement to $2.23 billion, according to an 8-K filing with the Securities and Exchange Commission.

The $100 million increase was made on Tuesday.

As previously reported, the company increased the commitments by $630 million on Jan. 21.

Royal Bank of Scotland plc is the administrative agent, issuing bank and swingline lender. Bank of America Merrill Lynch is the syndication agent. Morgan Stanley Senior Funding, Inc. is co-documentation agent.

Houston-based Crown Castle owns, operates and leases towers and other infrastructure for wireless communications.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.