Recent Updates — SBAC
July 24, 2026View Source ↗
SBA Communications Corporation closed a public offering of $3.5 billion in senior unsecured notes, consisting of $1.35 billion of 4.875% notes due 2030, $1.35 billion of 5.150% notes due 2031, three $800 million portions of $5.450% notes due 2033. The net proceeds were used to repay a senior secured term loan and outstanding borrowings under a senior secured revolving credit facility. Concurrently, the company entered into a new $2.5 billion senior unsecured revolving credit facility with Wells Fargo Bank as administrative agent. SBA Communications Corporation is a telecommunications infrastructure company that provides wireless communications infrastructure services to wireless carriers.