---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-304972"
form_type: "8-K"
ticker: "SBAC"
cik: "0001034054"
company_name: "SBA COMMUNICATIONS CORP"
filed_at: "2026-07-15T21:29:52+00:00"
generated_at: "2026-07-15T21:32:04.183463+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SBA Communications issues $3.5B in senior notes to repay term loan and revolver

## Summary
- Issued $1.35B of 4.875% notes due 2030, $1.35B of 5.150% notes due 2031, and $800M of 5.450% notes due 2033.
- Net proceeds to repay in full the senior secured term loan maturing Jan 2031 and revolver maturing Jan 2029.
- Underwriting agreement with Morgan Stanley, Barclays, Wells Fargo, and Goldman Sachs as representatives.
- Offering registered under shelf registration statement on Form S-3 (File No. 333-277527).

## SEC filing metadata
- accession: 0001193125-26-304972
- form_type: 8-K
- ticker: SBAC
- cik: 0001034054
- company_name: SBA COMMUNICATIONS CORP
- filed_at: 2026-07-15T21:29:52+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1034054/000119312526304972/0001193125-26-304972-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1034054/000119312526304972/d169827d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-304972
- JSON: https://secwatch.observer/filing/0001193125-26-304972.json
- Plain text: https://secwatch.observer/filing/0001193125-26-304972.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.