SBA Communications (SBAC) -0.8% after announcing it will issue $300M worth of senior notes. The...

|About: SBA Communications Corporation (SBAC)|By:, SA News Editor

SBA Communications (SBAC) -0.8% after announcing it will issue $300M worth of senior notes. The cell tower owner says it will use the proceeds to help finance its acquisition of TowerCo's cell sites. SBA had $4.1B in debt on its balance sheet at the end of Q2. (PR) (T-Mobile deal)