Debt MarketsThe debt markets are becoming more accommodating, with its recent asset-backed securities deal at sub-5% coupons, which are better rates than 2-3 months ago.
Growth ProfileSBA Communications has the best long-term growth profile among the towers and is the tower company best positioned to benefit from lower rates.
International LeasingU.S. leasing topped expectations with SBA Communications lifting its international leasing outlook on increased activity.