The Firm represented the initial purchasers in connection with a Rule 144A and Reg S offering of $1 billion aggregate principal amount of 3.875% Senior Notes due 2027 by SBA Communications Corporation. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Mizuho Securities USA Inc., TD Securities (USA) LLC and Wells Fargo Securities, LLC, among others, acted as joint bookrunning managers for the offering. The offering closed on February 4, 2020.
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, Matt Hart and Frances Fuqua (Capital Markets); John Schueller (Capital Markets - Securitization); Jonathan Cantor (Tax); Michael Isby (Environmental); Marcela Robledo (Intellectual Property); Jeanne Annarumma and Alisa Tschorke (Executive Compensation and Employee Benefits); Dennis Loiacono (Real Estate); and Jennie Getsin (FINRA and Blue Sky).