SBA Communications enters new USD 2.5 billion unsecured revolving credit facility with Wells Fargo-led lenders
Reuters2026/07/24 11:32By:Reuters
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- SBA Communications entered a new senior unsecured revolving credit agreement on July 23, 2026, providing a USD 2.5 billion facility maturing July 23, 2031.
- Pricing set at either SOFR or other RFR-based options, or a base rate, with rating-linked margins of 0.75%–1.375% or 0%–0.375%.
- Facility includes a ratings-based commitment fee of 0.08%–0.20% on undrawn amounts; proceeds earmarked for general corporate purposes.
- Agreement requires leverage tests, including total net leverage capped at 7.5x, or 8x temporarily following certain qualified acquisitions.
- It replaced a prior senior credit agreement that was terminated once a USD 2.3 billion secured term loan and revolver borrowings were repaid.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SBA Communications Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-315142), on July 24, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
HBAR consolidates near $0.0730 as derivatives trading volume falls 7%
Cointurk•2026/09/12 20:33
India’s Demat 2.0 Could Change Bond Tokenization: Here’s How It Works
Cryptopotato•2026/09/12 20:06
Bitcoin, ether rise as inflation data does little to alter Fed interest rate outlook
The Block•2026/09/12 18:57
XRP trades at $1.36 as daily active addresses fall 90%, technical risks rise
Cointurk•2026/09/12 18:18
Crypto prices
More
Bitcoin
BTC
$77,162.07
-0.25%
Ethereum
ETH
$2,521.46
-0.59%
Tether USDt
USDT
$0.9997
+0.00%
BNB
BNB
$726.73
-0.01%
XRP
XRP
$1.37
+0.10%
USDC
USDC
$0.9998
+0.00%
Solana
SOL
$101.46
-1.07%
TRON
TRX
$0.3398
+0.43%
Hyperliquid
HYPE
$79.91
-1.13%
Zcash
ZEC
$1,126.27
-4.56%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now