SBA Communications reduces interest margin on $2.29B term loan via First Amendment

SBA COMMUNICATIONS CORP

Term loan interest reduced to Base Rate +0.75% or Term SOFR +1.75% per annum (from prior margin).
Aggregate principal of Initial Term Loans after amendment is $2,288,500,000.
All non-consenting lenders were replaced; no consenting lenders required payment of principal.
Prepayment penalty of 1.0% applies if term loans are repaid from certain repricing transactions within 6 months.
All other material terms of the Senior Credit Agreement remain unchanged.

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