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Published on 10/6/2010 in the Prospect News Convertibles Daily.

SBA opts to settle conversion obligations in cash for 0.375% notes

By Devika Patel

Knoxville, Tenn., Oct. 6 - SBA Communications Corp. said it has elected to settle all of its conversion obligations regarding its 0.375% convertible senior notes due 2010 in cash.

Boca Raton, Fla.-based SBA owns and operates wireless communications infrastructure.


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