Crown Castle increases revolving commitments, extends facility to 2023

By Tali Rackner

Minneapolis, June 14 – Crown Castle International Corp. increased the commitments under its senior unsecured revolving credit facility by $750 million to a total of $4.25 billion, according to a press release.

In addition, the credit facility, which also includes a $2.4 billion senior unsecured term loan A facility, was extended to June 14, 2023 from Aug. 29, 2022.

At closing, there was about $4.2 billion in availability under the revolver.

JPMorgan Chase Bank, NA is the administrative agent.

Houston-based Crown Castle provides shared wireless infrastructure to wireless carriers.

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