UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934.
Date of Report April 27, 2001
SBA COMMUNICATIONS CORPORATION
(Exact name of registrant as specified in its charter)
Florida 000-30110 65-0716501
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(State or other jurisdiction Commission File Number (I.R.S. Employer
of incorporation or Identification No.)
organization)
One Town Center Road, Boca Raton, Florida 33486
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(Address of principal executive offices) (Zip code)
(561) 995-7670
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(Registrant's telephone number, including area code)
Item 5 Other Information
BOCA RATON, FLORIDA, April 26, 2001 (NASDAQ: SBAC) - SBA
Communications Corporation today announced that its
wholly-owned subsidiary, SBA Telecommunications, Inc., has
received a commitment for a $300 million senior secured credit
facility. The credit facility will be underwritten by Lehman
Commercial Paper Inc., Barclays Bank PLC, Bankers Trust
Company, Citibank, N. A. and Toronto Dominion (Texas), Inc.
The credit facility will be used to provide financing for
SBA's new tower builds, tower acquisitions, related activities
and for general corporate purposes. The credit facility is
subject to a number of customary closing conditions and is
expected to close by June 30, 2001.
Item 7 Financial Statements and Exhibits
99.1 Press release dated April 26, 2001.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
April 27, 2001 /s/ Pamela J. Kline
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Pamela J. Kline
Chief Accounting Officer