Company: SBAC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001034054-25-000002
Chunk: 55

Company: SBA COMMUNICATIONS CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 9B
Chunk 55
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 assets.The table below sets forth the material terms of the Company’s outstanding Tower Securities as of December 31, 2024:                               Security (1) Issue Date  Amount Outstanding ‎(in millions)  Interest ‎ Rate (2)  Anticipated Repayment Date  Final Maturity Date2019-1C Tower Securities (3) Sep. 13, 2019  $1,165.0  2.836%  Jan. 12, 2025  Jan. 12, 20502020-1C Tower Securities Jul. 14, 2020  $750.0  1.884%  Jan. 9, 2026  Jul. 11, 20502020-2C Tower Securities  Jul. 14, 2020  $600.0  2.328%  Jan. 11, 2028  Jul. 9, 20522021-1C Tower Securities May 14, 2021  $1,165.0  1.631%  Nov. 9, 2026  May 9, 20512021-2C Tower Securities  Oct. 27, 2021  $895.0  1.840%  Apr. 9, 2027  Oct. 10, 20512021-3C Tower Securities Oct. 27, 2021  $895.0  2.593%  Oct. 9, 2031  Oct. 10, 20562022-1C Tower Securities Nov. 23, 2022  $850.0  6.599%  Jan. 11, 2028  Nov. 9, 20522024-1C Tower Securities (3) Oct. 11, 2024  $1,450.0  4.831%  Oct. 9, 2029  Oct. 8, 20542024-2C Tower Securities (4)(5) Oct. 11, 2024  $620.0  4.654%  Oct. 8, 2027  Oct. 8, 2054 (1)The Company incurred $12.8 million, $8.0 million, $6.4 million, $12.9 million, $9.5 million, $9.5 million, $10.5