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Crown Castle International Corp (CCI.N)

CCI.N on New York Stock Exchange

93.96USD
27 Mar 2017
Change (% chg)

$0.28 (+0.30%)
Prev Close
$93.68
Open
$93.32
Day's High
$94.04
Day's Low
$93.30
Volume
557,015
Avg. Vol
540,337
52-wk High
$102.76
52-wk Low
$79.38

Latest Key Developments (Source: Significant Developments)

Crown Castle reports Q4 and full year 2016 results
Wednesday, 25 Jan 2017 04:15pm EST 

Crown Castle International Corp - : Reports fourth quarter and full year 2016 results, raises outlook for full year 2017 . Sees fy 2017 total gaap site rental revenues $3,468 million - $3,498 million . Qtrly AFFO $406 million . Sees Q1 site rental revenues $851 million to $856 million . Sees Q1 AFFO in range of $440 million to $445 million .Sees fy 2017 affo $1,801 million to $ 1,831 million.  Full Article

Crown castle announces pricing of senior notes offering
Monday, 22 Aug 2016 04:20pm EDT 

Crown Castle International : Crown castle announces pricing of senior notes offering . Priced previously announced public offering of 2.250% senior notes due 2021 in an aggregate principal amount of $700 million . Notes will have interest rate of 2.250% per annum, will be issued at a price equal to 99.972% of face value to yield 2.256% .To use net proceeds from offering to repay in full 2.381% senior secured notes due 2017 issued by CC Holdings GS V LLC.  Full Article

Crown Castle announces proposed offering of senior notes
Monday, 22 Aug 2016 09:16am EDT 

Crown Castle International Corp : Crown Castle announces proposed offering of senior notes . Commencing a public offering of senior notes due 2021 . Crown Castle International Corp says it is commencing a public offering of senior notes due 2021 .To use net proceeds from offering, to repay in full 2.381% senior secured notes due 2017 issued by cc holdings GS V LLC.  Full Article

Crown Castle Q2 net income attributable to stockholders per share $0.22
Thursday, 21 Jul 2016 04:15pm EDT 

Crown Castle International Corp : Qtrly site rental revenues $805 million versus $737 million . Qtrly net income attributable to CCIC common stockholders per share $0.22 . Crown Castle reports second quarter 2016 results and raises outlook for full year 2016 . Qtrly AFFO $392 million versus $342 million .Sees Q3 FFO between $375 million to $380 million.  Full Article

Crown Castle International Corp announces pricing of senior notes offering
Tuesday, 26 Apr 2016 04:49pm EDT 

Crown Castle International Corp:Priced its previously announced public offering of 3.400% Senior Notes due 2021 and 3.700% Senior Notes due 2026, in aggregate principal amounts of $250 million and $750 million, respectively.The Senior Notes due 2021 will have an interest rate of 3.400% per annum and will be issued at a price equal to 102.637% of their face value to yield 2.796%.The Senior Notes due 2026 will have an interest rate of 3.700% per annum and will be issued at a price equal to 99.695% of their face value to yield 3.736%.The net proceeds from the offering are expected to be approximately $1.0 billion, after deducting underwriting discounts and commissions and other offering expenses payable by Crown Castle.Crown Castle intends to use net proceeds from offering to repay in full Senior Secured Tower Revenue Notes, each issued by certain of its subsidiaries, and to repay a portion of outstanding borrowings under the senior unsecured revolving credit facility.Barclays, Credit Agricole CIB, Morgan Stanley, SunTrust Robinson Humphrey and TD Securities are the joint book-running managers of the offering.  Full Article

Crown Castle International Corp announces acquisition of Tower Development Corporation
Friday, 8 Apr 2016 04:15pm EDT 

Crown Castle International Corp:Says acquired Tower Development Corporation for about $461 mln in cash on April 8, 2016.Says transaction is expected to contribute about $25 to $27 mln to site rental gross margin in the first full year of Crown Castle's ownership.Says Co funded the acquisition with available cash, including cash on hand, cash from borrowings under its revolving credit facility and cash from the sale of about 3.5 mln net shares of common stock at an average price of $85.52 per share year-to-date.  Full Article

Crown Castle International appoints new CFO
Wednesday, 9 Mar 2016 04:15pm EST 

Crown Castle International:Appointed Daniel Schlanger as Chief Financial Officer, effective June 1, 2016.  Full Article

Crown Castle International Corp declares quarterly common stock dividend
Thursday, 18 Feb 2016 05:00pm EST 

Crown Castle International Corp:Board of Directors has declared a quarterly cash dividend of $0.885 per common share.Quarterly dividend will be payable on March 31 to common stockholders of record date as on March 18.  Full Article

Crown Castle International Corp announces proposed offering of senior notes
Thursday, 28 Jan 2016 09:11am EST 

Crown Castle International Corp:Announces that it is commencing a public offering of senior notes due 2021 and 2026, subject to market and other conditions.Expects to use net proceeds from the offering to repay a portion of the outstanding borrowings under its $5.5 billion Senior Unsecured Credit Facility.  Full Article

Crown Castle says change of CEO
Wednesday, 27 Jan 2016 04:15pm EST 

Crown Castle International Corp:Says effective June 1, 2016, Jay Brown will become President and Chief Executive Officer.  Full Article

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