SBAC · 10-Q · 2026Q2 · Full report

Liquidity and Debt Position

SBA COMMUNICATIONS CORP · 2026-08-06 · Importance 64 · Surprise 42 · In source text

SBA Communications estimated total debt service of $4.074 billion for the twelve months ending June 30, 2027, based on debt outstanding and interest rates as of June 30, 2026. The estimate included $1.172 billion for the 2021-1C Tower Securities and $907.983 million for the 2021-2C Tower Securities based on their anticipated repayment dates, although their legal final maturities extend to 2051. Management stated that cash on hand, available revolving-credit capacity, and operating cash flows would be sufficient to service debt over the next twelve months. The 2026 Senior Notes issued after quarter-end are expected to add $89.5 million of debt service during the twelve-month period ending June 30, 2027.

Key facts

• Estimated total debt service for the next 12 months ended June 30, 2027 was $4,074,126 (thousands) based on amounts outstanding and interest rates as of June 30, 2026. source
• As of June 30, 2026, SBA Senior Finance II was in compliance with the financial covenants contained in the Senior Credit Agreement. source

Impact estimates