SBA Communications to pay down revolver debt with new note proceeds

By Sarah Lizee

Olympia, Wash., Sept. 28 – SBA Communications Corp. plans to repay debt under its revolving credit facility using proceeds from a $500 million offering of five-year notes, according to a Thursday press release.

The company said any remaining proceeds will be used for general corporate purposes.

Boca Raton, Fla.-based SBA is an owner and operator of wireless communications infrastructure.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.