SBA Network Management, a leading independent owner and operator of wireless communications infrastructure across North America and Central America, has mandated Barclays to manage a sale of securities backed by wireless tenant lease payments.

A presale report published by Fitch Ratings sizes the deal at whopping $4 billion; however a person familiar with the transaction says that that just $1.5 billlion of securities will be issued.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.