Crown Castle Inc. Files 8-K with Material Agreement

TL;DR

CCI signed a big deal, filing details are light but it's a material event.

AI Summary

On August 1, 2024, Crown Castle Inc. entered into a material definitive agreement, the details of which are not fully disclosed in this filing. The company also reported other events and filed financial statements and exhibits. The filing was made on August 2, 2024.

Why It Matters

This filing indicates a significant new agreement for Crown Castle Inc., which could impact its future operations and financial performance.

Risk Assessment

Risk Level: medium — The filing mentions a 'material definitive agreement' without providing specific terms, creating uncertainty about its implications.

Key Players & Entities

• Crown Castle Inc. (company) — Registrant
• August 1, 2024 (date) — Date of earliest event reported
• August 2, 2024 (date) — Filing date
• 713-570-3000 (phone_number) — Registrant's telephone number
• 8020 Katy Freeway, Houston, Texas 77024 (address) — Principal executive offices

FAQ

From the Filing

0001193125-24-192903.txt : 20240802 0001193125-24-192903.hdr.sgml : 20240802 20240802162301 ACCESSION NUMBER: 0001193125-24-192903 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240801 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240802 DATE AS OF CHANGE: 20240802 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CROWN CASTLE INC. CENTRAL INDEX KEY: 0001051470 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 760470458 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16441 FILM NUMBER: 241171361 BUSINESS ADDRESS: STREET 1: 8020 KATY FREEWAY CITY: HOUSTON STATE: TX ZIP: 77024 BUSINESS PHONE: 7135703000 MAIL ADDRESS: STREET 1: 8020 KATY FREEWAY CITY: HOUSTON STATE: TX ZIP: 77024 FORMER COMPANY: FORMER CONFORMED NAME: CROWN CASTLE INTERNATIONAL CORP DATE OF NAME CHANGE: 19971215 8-K 1 d793816d8k.htm 8-K 8-K false 0001051470 0001051470 2024-08-01 2024-08-01     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): August 1, 2024     Crown Castle Inc. (Exact name of registrant as specified in its charter)       Delaware   001-16441   76-0470458 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 8020 Katy Freeway , Houston , Texas 77024 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (713) 570-3000   (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbols   Name of each exchange on which registered Common Stock, $0.01 par value   CCI   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       ITEM 1.01 - ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On August 1, 2024, Crown Castle Inc. (“Company”) entered into an underwriting agreement (“Underwriting Agreement”) with BofA Securities, Inc., BNP Paribas Securities Corp., MUFG Securities Americas Inc., PNC Capital Markets LLC, RBC Capital Markets, LLC and Truist Securities, Inc., as Representatives for the several Underwriters (“Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwriters $550,000,000 aggregate principal amount o