The consummation of the Tender Offer is subject to the satisfaction or waiver of certain conditions as set forth in the Offer to Purchase, including the completion of an offering by CC Holdings GS V LLC, Crown Castle's subsidiary, of at least $1,500,000,000 aggregate principal amount of senior notes (the "Notes Financing"), as well as the completion of a $500.0 million increase in Crown Castle's revolving credit facility. Crown Castle has received preliminary commitments to increase its revolving credit facility by an additional $500.0 million, and expects to consummate such increase prior to the closing of the Notes Financing. Subject to the satisfaction or waiver of such conditions, Crown Castle has the right, following the Early Tender Date, to accept for purchase prior to the Final Settlement Date (as defined below), all Notes validly tendered and accepted on or prior to the Early Tender Date (the "Early Settlement Election"). If Crown Castle exercises the Early Settlement Election, the settlement date with respect to Notes validly tendered and accepted on or prior to the Early Tender Date is expected to occur promptly following the Early Tender Date. For any Notes validly tendered and accepted after the Early Tender Date but on or prior to the Expiration Date, or if Crown Castle does not exercise the Early Settlement Election, the settlement date is expected to occur promptly following the Expiration Date (such date, as it may be extended, the "Final Settlement Date").
Crown Castle has retained Morgan Stanley & Co. LLC, Barclays Capital Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated to serve as the dealer managers (the "Dealer Managers") for the Tender Offer. Requests for documents may be directed to D.F. King & Co., Inc., the information agent, by telephone at 1-800-967-4617 or in writing at D.F. King & Co., Inc., 48 Wall Street, 22nd Floor, New York, NY 10005, Attention: Elton Bagley. Questions regarding the Tender Offer may be directed to the Dealer Managers, in care of Morgan Stanley & Co. LLC, at 1-800-624-1808 (toll-free) or (212) 761-1057, or in writing at Morgan Stanley and Co., LLC, Attention: Liability Management, 1585 Broadway, Floor 04, New York, NY 10036.
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