Simpson Thacher Represents the Lead Arrangers in Refinancing for SBA Communications
01.26.22
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Simpson Thacher represented the administrative agent, lead arrangers and bookrunners, led by TD Securities (USA) LLC and Mizuho Bank, Ltd., in connection with a refinancing amendment entered into by SBA Senior Finance II LLC (“SBA”), a wholly owned subsidiary of SBA Communications Corporation, that, among other things, increased the commitments under SBA’s revolving credit facility from $1.25 billion to $1.5 billion and extended the maturity date thereof.
SBA Communications Corporation (NASDAQ: SBAC) is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells.
The Simpson Thacher team included Mike Vernace and Grace Bowers (Banking and Credit).