Sba communications completes $4.05 billion senior secured financing

Boca raton, fla.--(business wire)--sba communications corporation (nasdaq: sbac) ("sba" or the "company" ) announced today that its wholly owned subsidiary, sba senior finance ii llc ("sba senior finance ii"), has obtained a new $2.3 billion, seven-year, senior secured term loan b (the "term loan") and has increased and extended the maturity of its five-year senior secured revolving credit facility (the "revolving credit facility"). the $2.3 billion term loan was issued at 99.75% of par value a.
SBAC Ratings Summary
SBAC Quant Ranking