Puerto Rico Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks and Financial Institutions

• Category: Corporations - Public - Credit
• State: Multi-State
• Control #: US-EG-9414
• Format: Word; Rich Text

Description

Second Amended and Restated Credit Agreement among SBA Communications, Corporation, SBA Telecommunications, Inc., Several Banks and Other Financial Institutions or Entities, Lehman Brothers, Inc., General Electric Capital Corporation, Toronto Dominion, The Puerto Rico Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks and Financial Institutions is a significant financial agreement that is relevant to the telecommunications' industry in Puerto Rico. This agreement outlines the terms and conditions of a credit facility provided to SBA Communications, Corp. and its subsidiary, SBA Telecommunications, Inc., by multiple banks and financial institutions. This credit agreement plays a crucial role in supporting the growth and operational needs of SBA Communications, Corp. and SBA Telecommunications, Inc. in Puerto Rico. It provides them with access to a substantial amount of funding which can be utilized for various purposes such as network infrastructure expansion, technology upgrades, working capital requirements, and general corporate needs. The Second Amended and Restated Credit Agreement reflects modifications and enhancements made to a previous credit agreement, incorporating changes that align with the evolving needs and financial landscape of the telecommunications' industry. By amending and restating the agreement, the involved parties can address any outdated provisions, streamline terms, and potentially negotiate more favorable conditions for all parties involved. Some keywords that are relevant to this Puerto Rico Second Amended and Restated Credit Agreement include: 1. Credit facility: The credit facility refers to the amount of funds provided to SBA Communications, Corp. and SBA Telecommunications, Inc. by the banks and financial institutions involved. This facility often includes both a revolving credit line and term loans. 2. Telecommunications: This keyword indicates that the agreement is specifically tailored to the telecommunications' industry, highlighting the importance of supporting infrastructure development and technological advancements in Puerto Rico. 3. Banks and financial institutions: This term encompasses the entities involved in providing the credit facility to SBA Communications, Corp. and SBA Telecommunications, Inc. It may include well-known banks, investment firms, and other financial institutions. 4. Growth and operational needs: These keywords emphasize that the credit agreement aims to support the expansion and day-to-day operations of SBA Communications, Corp. and SBA Telecommunications, Inc. in Puerto Rico. Different types of Puerto Rico Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks and Financial Institutions may be classified based on various factors such as the size of the credit facility, maturity dates, interest rates, and any specific terms tailored to the borrower's requirements. These different types can be further categorized as term loans, revolving credit lines, or a combination of both.

The Puerto Rico Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks and Financial Institutions is a significant financial agreement that is relevant to the telecommunications' industry in Puerto Rico. This agreement outlines the terms and conditions of a credit facility provided to SBA Communications, Corp. and its subsidiary, SBA Telecommunications, Inc., by multiple banks and financial institutions. This credit agreement plays a crucial role in supporting the growth and operational needs of SBA Communications, Corp. and SBA Telecommunications, Inc. in Puerto Rico. It provides them with access to a substantial amount of funding which can be utilized for various purposes such as network infrastructure expansion, technology upgrades, working capital requirements, and general corporate needs. The Second Amended and Restated Credit Agreement reflects modifications and enhancements made to a previous credit agreement, incorporating changes that align with the evolving needs and financial landscape of the telecommunications' industry. By amending and restating the agreement, the involved parties can address any outdated provisions, streamline terms, and potentially negotiate more favorable conditions for all parties involved. Some keywords that are relevant to this Puerto Rico Second Amended and Restated Credit Agreement include: 1. Credit facility: The credit facility refers to the amount of funds provided to SBA Communications, Corp. and SBA Telecommunications, Inc. by the banks and financial institutions involved. This facility often includes both a revolving credit line and term loans. 2. Telecommunications: This keyword indicates that the agreement is specifically tailored to the telecommunications' industry, highlighting the importance of supporting infrastructure development and technological advancements in Puerto Rico. 3. Banks and financial institutions: This term encompasses the entities involved in providing the credit facility to SBA Communications, Corp. and SBA Telecommunications, Inc. It may include well-known banks, investment firms, and other financial institutions. 4. Growth and operational needs: These keywords emphasize that the credit agreement aims to support the expansion and day-to-day operations of SBA Communications, Corp. and SBA Telecommunications, Inc. in Puerto Rico. Different types of Puerto Rico Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks and Financial Institutions may be classified based on various factors such as the size of the credit facility, maturity dates, interest rates, and any specific terms tailored to the borrower's requirements. These different types can be further categorized as term loans, revolving credit lines, or a combination of both.