Crown Castle increases revolver to $5 billion, extends to 2024

By Sarah Lizee

Olympia, Wash., June 21 – Crown Castle International Corp. amended on Friday its credit agreement with JPMorgan Chase Bank, NA as administrative agent to increase and extends its revolver, according to an 8-K filing with the Securities and Exchange Commission.

The maturity date was extended to June 21, 2024 from June 14, 2023.

A $750 million increase in total commitments was made, bringing the size of the revolver to $5 billion.

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

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