Form 8-K · Current report
SBA Communications 8-K, filed Sep 25, 2026
- Filed
- CIK
- 0001034054
- Accession no.
- 0001193125-26-402918
Summary
SBA Communications Corporation established a commercial paper program on September 25, 2026, under which it may issue up to $2.5 billion in short-term unsecured notes with maturities not exceeding 397 days and use proceeds for general corporate purposes.
Key points
- The notes will rank pari passu with the company's other unsecured, unsubordinated indebtedness and will be structurally subordinated to subsidiary debt, including secured tower revenue notes.
- Notes will be sold in the U.S. commercial paper market on a private placement basis in reliance on the Section 4(a)(2) registration exemption.
- One or more commercial paper dealers will act as dealers, and a national bank will act as issuing and paying agent.
- Amounts under the program may be borrowed, repaid, and reborrowed from time to time.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
From the filing
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On September 25, 2026, SBA Communications Corporation (the “Company”) established a commercial paper program (the “Program”) pursuant to which it may issue from time to time short-term, unsecured, commercial paper notes (the “Notes”) in an aggregate principal amount outstanding at any one time not to exceed $2.5 billion. Amounts available under the program may be borrowed, repaid and reborrowed from time to time. The maturities of the Notes may vary, but will not exceed 397 days from the date of issue. …
An excerpt of the text as filed with the SEC, cut for length.
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