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SBA Communications launches $750M senior notes private offering

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SBA Communications launches $750M senior notes private offering

SBA Communications Corp. started a $750 million private offering of senior notes due 2027.

The communications-focused real estate investment trust will use the net proceeds from the offering to redeem all $750.0 million of its outstanding 4.875% senior notes due 2022, with the redemption date scheduled for Feb. 20.