{"filing":{"accession_number":"0001193125-26-402918","cik":"0001034054","ticker":"SBAC","company_name":"SBA COMMUNICATIONS CORP","form":"8-K","filing_date":"2026-09-25","report_date":"2026-09-25","primary_document":"d152825d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1034054/000119312526402918/d152825d8k.htm"},"events":[{"id":35176,"run_id":32389,"accession_number":"0001193125-26-402918","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"SBA Communications established a $2.5 billion commercial paper program on September 25, 2026, creating a new direct financial obligation under Item 2.03. The disclosure describes the creation of short-term unsecured notes with maturities up to 397 days, dealer agreements, and terms for issuance in the U.S. commercial paper market. This is a material debt facility establishment that would affect investor assessment of the company's capital structure and liquidity position.","company_name":"SBA COMMUNICATIONS CORP","ticker":"SBAC","filing_date":"2026-09-25","form":"8-K","submitted_at":null,"items":[{"id":39133,"accession_number":"0001193125-26-402918","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"SBA Communications established a $2.5 billion commercial paper program on September 25, 2026, creating a new direct financial obligation under Item 2.03. The disclosure describes the creation of short-term unsecured notes with maturities up to 397 days, dealer agreements, and terms for issuance in the U.S. commercial paper market. This is a material debt facility establishment that would affect investor assessment of the company's capital structure and liquidity position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-25T20:45:46.895374+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":39133,"accession_number":"0001193125-26-402918","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"SBA Communications established a $2.5 billion commercial paper program on September 25, 2026, creating a new direct financial obligation under Item 2.03. The disclosure describes the creation of short-term unsecured notes with maturities up to 397 days, dealer agreements, and terms for issuance in the U.S. commercial paper market. This is a material debt facility establishment that would affect investor assessment of the company's capital structure and liquidity position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-25T20:45:46.895374+00:00","company_name":"SBA COMMUNICATIONS CORP","ticker":"SBAC","filing_date":"2026-09-25"}]}