BOCA RATON, Fla., Sept. 20, 2012 (GLOBE NEWSWIRE) -- SBA Communications Corporation (Nasdaq:SBAC) ("SBA") announced today that it has priced an offering of $500 million of senior notes due 2019, which was upsized from the previously announced $300 million (the "Notes"). SBA expects the closing of the Notes to occur on September 28, 2012. The Notes will have an interest rate of 5.625% and will be issued at a price of 100% of their face value.
SBA Announces Pricing Of $500 Million Of Senior Notes
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