Crown Castle buys back portion of several notes series in January

By Jennifer Chiou

New York, Jan. 27 - Crown Castle International Corp. announced that it has purchased $199.6 million face value of its 7¾% senior secured notes for $216.8 million, $33.1 million of its 9% senior notes for $35.9 million as well as $5 million of its class A-2 2009-1 notes for $5.3 million since the beginning of the year.

This leaves $1,000,400,000 of the 7¾% notes, $866.9 million of the 9% notes and $70 million of the class A-2 notes outstanding.

Crown Castle is a Houston-based owner, operator and leaser of towers and other communication structures for wireless communications.

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