{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-211816","form_type":"8-K","ticker":"SBAC","cik":"0001034054","company_name":"SBA COMMUNICATIONS CORP","filed_at":"2021-07-09T23:59:59+00:00","discovered_at":"2026-05-14T18:04:16.917138+00:00","generated_at":"2026-06-30T06:16:39.062270+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"SBA ups revolver to $1.5B, extends maturity to 2026, cuts margin by 0.25%","bullets":["Revolving credit commitments increased from $1.25B to $1.5B; maturity extended from 2023 to July 7, 2026.","Interest margins reduced: Eurodollar spread upper end cut to 1.250% (from 1.500%); Base Rate spread to 0.250% (from 0.500%).","Added sustainability-linked pricing adjustments: up to 0.05% interest rate and 0.01% fee changes based on tower lighting targets.","No other material terms of the Credit Agreement changed; all other conditions remain unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-211816","json":"https://secwatch.observer/filing/0001193125-21-211816.json","markdown":"https://secwatch.observer/filing/0001193125-21-211816.md","text":"https://secwatch.observer/filing/0001193125-21-211816.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1034054/000119312521211816/0001193125-21-211816-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1034054/000119312521211816/d148908d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T06:16:39.062270+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}