The Firm represented the initial purchasers in connection with the Rule 144A and Reg S offering of $750 million aggregate principal amount of 4.875% Senior Notes due 2022 by SBA Communications Corporation. J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., RBS Securities Inc. and TD Securities (USA) LLC acted as joint book-running managers for the offering. The offering closed on July 1, 2014.
SBA Communications Corporation is a leading independent owner and operator of wireless communications tower structures, rooftops and other structures that support antennas used for wireless communications.
The Simpson Thacher team included Risë Norman, Jeremy Barr, Shelly Lin and Chan-young Yang (Capital Markets); Alan Brenner (Credit); Jonathan Cantor and Chang Won Choi (Tax); Tim Mulvihill (Environmental); Jeanne Annarumma and Douglas Tang (Executive Compensation and Employee Benefits) and Jennie Getsin (FINRA and Blue Sky).