The Firm represented the initial purchasers in connection with a Rule 144A and Reg S offering of $1.5 billion aggregate principal amount of 3.125% Senior Notes due 2029 by SBA Communications Corporation (“SBA Communications”). J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Mizuho Securities USA LLC, TD Securities (USA) LLC and Wells Fargo Securities, LLC, among others, acted as joint bookrunning managers for the offering. The offering closed on January 29, 2021.
SBA Communications 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 Lauren Maxfield (Capital Markets); John Schueller (Capital Markets - Securitization); Jonathan Cantor and Kris Liu (Tax); Michael Isby (Environmental); Lori Lesser and Bobbie Burrows (Intellectual Property); Jeanne Annarumma and Alisa Tschorke (Executive Compensation and Employee Benefits); Dennis Loiacono (Real Estate); and Jennie Getsin (FINRA and Blue Sky).