Company: SBAC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001034054-25-000002
Chunk: 46

Company: SBA COMMUNICATIONS CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 9B
Chunk 46
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,000    850,221    841,429 2024-1C Tower Securities (1) Oct. 9, 2029   1,450,000    1,453,292   1,437,978   —   —   —2024-2C Tower Securities (1) Oct. 8, 2027   620,000    618,698   615,017   —   —   —2020 Senior Notes Feb. 15, 2027   1,500,000    1,440,270   1,493,039    1,500,000    1,438,815    1,489,965 2021 Senior Notes Feb. 1, 2029   1,500,000    1,353,750   1,491,963   1,500,000    1,338,750    1,490,153 Total debt   $ 13,672,750 $ 12,849,650 $ 13,591,738 $ 12,388,000 $ 11,480,332 $ 12,324,315Less: current maturities of long-term debt      (1,187,913)         (643,145)Total long-term debt, net of current maturities    $ 12,403,825       $ 11,681,170 (1)The maturity date represents the anticipated repayment date for each issuance.(2)On January 15, 2025, the Company repaid the aggregate principal amount of the 2019-1C Tower Securities which was included in current maturities of long-term debt as of December 31, 2024.The Company’s future principal payment obligations over the next five years (based on the outstanding debt as of December 31, 2024 and assuming the Tower Securities are repaid at their respective anticipated repayment dates) are as follows:            For the year ended December 31,  (in thousands)2025   $ 1,188,0002026     1,938,0002027     3,038,0002028     1,473,0002029     2,973,000 ‎ 

F-23Table of Contents

 The table below reflects cash and non-cash interest expense amounts recognized by debt instrument for the