Simpson Thacher Represents Lead Arrangers in SBA’s $500 Million Incremental Term Loan B Amendment
06.17.15
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The Firm represented the lead arrangers and Toronto Dominion (Texas), LLC, as administrative agent, in connection with an amendment to the credit agreement of SBA Senior Finance II LLC (“SBA”), a wholly owned subsidiary of SBA Communications Corporation, that, among other things, provided for a new $500 million senior secured incremental term loan B.
SBA Communications Corporation is a first-choice provider and leading owner and operator of wireless communications infrastructure in North, Central and South America.
The Simpson Thacher team for the transaction included Alan Brenner, Mike Vernace and Shimeng Cheng (Banking & Credit). Summer Associate Brian Jones also provided invaluable assistance.