# SBA COMMUNICATIONS CORP (SBAC) — capital_raise/public_offering [pending]
Source: SEC API (secapi.ai) · situation sit_26c941cdf29828e3b8a3 · retrieved 2026-08-11T16:13:21.349Z

## Overview
SBA Communications Corporation is a real estate investment trust that owns and operates wireless communications infrastructure, including tower assets.

SBA Communications Corporation closed a public offering of $3.5 billion in aggregate principal amount of senior unsecured notes on July 23, 2026: $1.35 billion of 4.875% Senior Notes due 2030, $1.35 billion of 5.150% Senior Notes due 2031, and $800 million of 5.450% Senior Notes due 2033. The notes were issued under an indenture with U.S. Bank Trust Company, National Association as trustee. The company used the net proceeds to repay in full its senior secured term loan maturing January 25, 2031 and outstanding borrowings under its senior secured revolving credit facility maturing January 25, 2029.

## Terms
- Counterparty: U.S. Bank Trust Company, National Association · Consideration: cash

## Key dates
- Announced 2026-07-23

## Timeline
- 2026-07-23 · 8-K (0001193125-26-314131): 8-K - SBA COMMUNICATIONS CORP — *SBA Communications Corporation is a real estate investment trust (REIT) that owns and operates wireless communications infrastructure assets.* SBA Communications Corporation completed a registered public offering of $3,500,000,000 aggregate principal amount of senior notes across three tranches: $1,350,000,000 of 4.875% Senior Notes due 2030, $1,350,000,000 of 5.150% Senior Notes due 2031, and $800,000,000 of 5.450% Senior Notes due 2033. The offering closed on July 23, 2026, pursuant to a prospectus supplement filed on July 14, 2026 under the Company's automatic shelf registration statement on Form S-3.
  https://www.sec.gov/Archives/edgar/data/1034054/0001193125-26-314131.txt
- 2026-07-24 · 8-K (0001193125-26-315142): 8-K - SBA COMMUNICATIONS CORP — *SBA Communications Corporation is a real estate investment trust that owns and operates wireless communications infrastructure, including tower assets.* SBA Communications Corporation closed a public offering of $3.5 billion in aggregate principal amount of senior unsecured notes on July 23, 2026: $1.35 billion of 4.875% Senior Notes due 2030, $1.35 billion of 5.150% Senior Notes due 2031, and $800 million of 5.450% Senior Notes due 2033. The notes were issued under an indenture with U.S. Bank Trust Company, National Association as trustee. The company used the net proceeds to repay in full its senior secured term loan maturing January 25, 2031 and outstanding borrowings under its senior secured revolving credit facility maturing January 25, 2029.
  https://www.sec.gov/Archives/edgar/data/1034054/0001193125-26-315142.txt

## Citations
- 0001193125-26-314131 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526314131
- 0001193125-26-315142 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526315142