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Published on 8/6/2009 in the Prospect News Convertibles Daily.

SBA Communications repurchases $4 million 0.375% convertible notes

By Devika Patel

Knoxville, Tenn., Aug. 6 - SBA Communications Corp. has bought back $4 million of its outstanding 0.375% senior convertible notes due 2010 since June, according to a 10-Q filed Thursday with the Securities and Exchange Commission.

There are $30.4 million of the notes remaining outstanding following this repurchase.

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


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