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SBA Communications Corp (SBAC.OQ)

SBAC.OQ on NASDAQ Stock Exchange Global Select Market

149.11USD
16 Oct 2017
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Latest Key Developments (Source: Significant Developments)

SBA announces pricing of $750 mln of 4 pct senior notes due 2022
Thursday, 28 Sep 2017 04:58pm EDT 

Sept 28 (Reuters) - SBA Communications Corp :SBA announces pricing of $750 million of 4.0% senior notes due 2022.SBA Communications Corp - ‍Priced an offering of $750 million aggregate principal amount of senior notes due 2022​.SBA Communications Corp- Notes will have an interest rate of 4.0% and will be issued at a price of 100% of their face value.SBA Communications Corp - ‍Offering was upsized from previously announced $500 million​.  Full Article

SBA announces offering of $500 million of senior notes due 2022
Thursday, 28 Sep 2017 07:59am EDT 

Sept 28 (Reuters) - Sba Communications Corp :SBA announces offering of $500 million of senior notes due 2022.SBA Communications - intends to use net proceeds from offering to repay amounts outstanding under revolving credit facility under senior credit agreement​.  Full Article

SBA Communications Q2 adjusted FFO per share $1.73
Monday, 31 Jul 2017 04:01pm EDT 

July 31 (Reuters) - SBA Communications Corp :SBA Communications Corporation reports 2nd quarter 2017 results; updates full year 2017 outlook.Q2 revenue $427.3 million versus I/B/E/S view $425.9 million.Q2 adjusted FFO per share $1.73.SBA Communications Corp - continue to remain on track to achieve our long term goal of $10 or more of AFFO per share in 2020.SBA Communications Corp - increased full year outlook.SBA Communications Corp sees FY AFFO per share $6.75 to $7.04.SBA Communications Corp sees full year 2017 total revenues $1,698.0 million to $1,723.0 million.SBA Communications Corp sees full year 2017 discretionary cash capital expenditures $385.0 million to $405.0 million.SBA Communications Corp sees full year 2017 non-discretionary cash capital expenditures $29.0 million to $39.0 million.SBA Communications Corp sees full year 2017 tower cash flow $1,266.0 million to $1,281.0 million.Q2 FFO per share view $1.64 -- Thomson Reuters I/B/E/S.FY2017 FFO per share view $6.78 -- Thomson Reuters I/B/E/S.FY2017 revenue view $1.71 billion -- Thomson Reuters I/B/E/S.  Full Article

SBA Communications Corp Q1 adjusted FFO per share $1.69
Monday, 1 May 2017 04:01pm EDT 

May 1 (Reuters) - SBA Communications Corp ::SBA Communications Corporation reports 1st quarter 2017 results; updates full year 2017 outlook.Q1 adjusted FFO per share $1.69.Q1 revenue $423.4 million versus I/B/E/S view $418.5 million.SBA Communications Corp says "on track to achieve our long term goal of $10 or more of AFFO per share in 2020".Sees 2017 total revenues $ 1,685.0 million to $ 1,725.0 million.Sees 2017 AFFO per share $ 6.65 - $ 6.99.Sees 2017 discretionary cash capital expenditures $ 310.0 million to $ 330.0 million.Q1 FFO per share view $1.63 -- Thomson Reuters I/B/E/S.Q1 revenue view $418.5 million -- Thomson Reuters I/B/E/S.Fy2017 revenue view $1.70 billion -- Thomson Reuters I/B/E/S.Fy2017 FFO per share view $6.74 -- Thomson Reuters I/B/E/S.  Full Article

SBA Communications says Sindirect subsidiary entered into purchase agreement - SEC filing
Friday, 7 Apr 2017 05:44pm EDT 

Sba Communications Corp : SBA Communications Corp - on April 4, indirect subsidiary entered into a purchase agreement - SEC filing . SBA Communications - SBA Tower Trust agreed to sell $760 million principal amount of secured tower revenue securities, Series 2017-1C to initial purchasers . SBA Communications Corp - expects closing of 2017-1C tower securities to occur on or about April 17, 2017 . SBA Communications - upon issuance, securities to have anticipated repayment date of April 11, 2022; maturity date of April 9, 2047; interest rate of 3.168 pct/annum .SBA Communications - to use proceeds to repay $611.6 million aggregate principal amount of secured tower revenue securities securities, series 2012-1C, among others.  Full Article

SBA Communications Corp Q4 adjusted FFO per share $1.63
Monday, 27 Feb 2017 04:01pm EST 

SBA Communications Corp : "We remain firmly on track to achieve our goal of $10 or more of AFFO per share in 2020" . SBA Communications Corporation reports 4th quarter 2016 results; provides full year 2017 outlook . Q4 adjusted FFO per share $1.63 . Q4 revenue $416.5 million versus I/B/E/S view $416.9 million . Sees FY 2017 total revenues $1,673.0 million to $1,713.0 million . Sees FY 2017 AFFO per share $6.61 to $6.95 . Sees FY 2017 non-discretionary cash capital expenditures $31.0 million to $41.0 million . FY2017 revenue view $1.72 billion -- Thomson Reuters I/B/E/S .FY2017 FFO per share view $6.61 -- Thomson Reuters I/B/E/S.  Full Article

SBA Communications prices $1.1 billion of 4.875% senior notes
Tuesday, 2 Aug 2016 08:30am EDT 

SBA Communications Corp : Announces pricing of $1.1 billion of 4.875% senior notes .Notes will have interest coupon of 4.875%,will be issued at a price of 99.178% of their face value for an effective yield of 5.0%.  Full Article

SBA Communications announces offering of $800 mln of senior notes
Monday, 1 Aug 2016 08:27am EDT 

SBA Communications Corp : Announces offering of $800 million of senior notes .Intends to use net proceeds from offering to redeem all of SBA telecommunications, Llc's 5.75 percent senior notes due 2020.  Full Article

SBA Communications says Q2 adjusted FFO per share $1.48 excluding items
Thursday, 28 Jul 2016 04:01pm EDT 

SBA Communications Corp : Sees q3 total revenues $ 406.5 million to $ 416.5 million . Sees fy 2016 total revenues $ 1,628.5 million to $ 1,648.5 million . Sees q3 adjusted ebitda $ 278.0 million to $ 283.0 million ; sees fy 2016 adjusted ebitda $ 1,117.0 million to $ 1,127.0 million . Fy2016 earnings per share view $0.87, revenue view $1.63 billion -- Thomson Reuters I/B/E/S . Sba communications corporation reports 2nd quarter 2016 results; provides 3rd quarter and updated full year 2016 outlook . Q2 adjusted FFO per share $1.48 excluding items . Q2 revenue $405.5 million versus i/b/e/s view $403.4 million .Q3 earnings per share view $0.15, revenue view $412.8 million -- Thomson Reuters I/B/E/S.  Full Article

SBA Communications prices $700 mln of secured tower revenue securities
Tuesday, 21 Jun 2016 04:57pm EDT 

Sba Communications Corp : SBA Communications corporation announces pricing of $700 million of secured tower revenue securities . Indirect subsidiary of SBA has priced an offering of $700 million of secured tower revenue securities series 2016-1 .Series 2016-1 securities will bear interest at 2.877% per annum.  Full Article