SBA Communications launches USD 3.5 billion senior notes offering across three tranches
SBAC•Use of proceeds
Proceeds are earmarked to repay in full a senior secured term loan maturing Jan. 25, 2031.
Funds are also set to repay in full outstanding borrowings under a senior secured revolving credit facility maturing Jan. 25, 2029.
Senior notes offering details
SBA Communications priced a registered USD 3.5 billion offering of senior notes.
- USD 1.35 billion of 4.875% Senior Notes due 2030
- USD 1.35 billion of 5.150% Senior Notes due 2031
- USD 800 million of 5.450% Senior Notes due 2033




