SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a) AND
AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
SpectraSite, Inc.
----------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.01
----------------------------------------------------------
(Title of Class of Securities)
84761M 10 4
----------------------------------------------------------
(CUSIP Number)
John F. Hartigan, Esq.
Morgan, Lewis & Bockius LLP
300 S. Grand Avenue
Los Angeles, CA 90071
(213) 612-2500
----------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 11, 2003
----------------------------------------------------------
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box. [_]
Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7 for other
parties to whom copies are to be sent.
The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION OF ABOVE PERSON
AP Towers, LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
5,575,809
NUMBER OF SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH
REPORTING PERSON ---------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
5,575,809
---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,575,809 shares of Common Stock
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.6%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
CUSIP No. 84761M 10 4 13D Page 2 of 15
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION OF ABOVE PERSON
Apollo Investment Fund V, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [x]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
-------------------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES 5,575,809
BENEFICIALLY
OWNED BY EACH -------------------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
WITH
-------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,575,809
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,575,809 shares of Common Stock
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.6%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP No. 84761M 10 4 13D Page 3 of 15
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION OF ABOVE PERSON
Apollo Overseas Partners V, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [x]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
-------------------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES 5,575,809
BENEFICIALLY
OWNED BY EACH -------------------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
WITH
-------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,575,809
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,575,809 shares of Common Stock
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.6%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP No. 84761M 10 4 13D Page 4 of 15
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION OF ABOVE PERSON
Apollo Netherlands Partners V (A), L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [x]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
-------------------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES 5,575,809
BENEFICIALLY
OWNED BY EACH -------------------------------------------------------------
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
WITH
-------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,575,809
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,575,809 shares of Common Stock
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.6%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP No. 84761M 10 4 13D Page 5 of 15
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION OF ABOVE PERSON
Apollo Netherlands Partners V (B), L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [x]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
------------------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER
BENEFICIALLY 5,575,809
OWNED BY EACH
REPORTING PERSON ------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,575,809
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,575,809 shares of Common Stock
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.6%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP No. 84761M 10 4 13D Page 6 of 15
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION OF ABOVE PERSON
Apollo German Partners V GmbH & Co. KG
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [x]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Germany
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
------------------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER
BENEFICIALLY 5,575,809
OWNED BY EACH
REPORTING PERSON ------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,575,809
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,575,809 shares of Common Stock
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.6%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP No. 84761M 10 4 13D Page 7 of 15
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION OF ABOVE PERSON
Apollo Management V, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [x]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
------------------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER
BENEFICIALLY 5,575,809
OWNED BY EACH
REPORTING PERSON ------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,575,809
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,575,809 shares of Common Stock
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.6%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP No. 84761M 10 4 13D Page 8 of 15
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION OF ABOVE PERSON
Apollo Advisors V, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [x]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
------------------------------------------------------------
NUMBER OF SHARES 8 SHARED VOTING POWER
BENEFICIALLY 5,575,809
OWNED BY EACH
REPORTING PERSON ------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,575,809
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,575,809 shares of Common Stock
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.6%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP No. 84761M 10 4 13D Page 9 of 15
Responses to each item of this Statement on Schedule 13D are incorporated
by reference into the response to each other item, as applicable.
Item 1. Security and Issuer
This Statement on Schedule 13D relates to the shares of common stock, par
value $.01 (the "Common Stock"), of SpectraSite, Inc. ("SpectraSite" or the
"Issuer"). The principal executive offices of SpectraSite are located at 100
Regency Forest Drive, Suite 400, Cary, North Carolina 27511.
Item 2. Identity and Background
This Schedule 13D is filed jointly by (i) AP Towers, LLC, a Delaware
limited liability company ("AP Towers"), (ii) Apollo Investment Fund V, L.P., a
Delaware limited partnership ("Investment V"), (iii) Apollo Overseas Partners V,
L.P., a limited partnership registered in the Cayman Islands ("Overseas V"),
(iv) Apollo Netherlands Partners V (A), L.P., a limited partnership registered
in the Cayman Islands ("Netherlands A"), (v) Apollo Netherlands Partners V (B),
L.P., a limited partnership registered in the Cayman Islands ("Netherlands B"),
(vi) Apollo German Partners V GmbH & Co. KG, a limited partnership registered in
Germany ("German V," and collectively with Investment V, Overseas V, Netherlands
A and Netherlands B, the "Funds"), (vii) Apollo Management V, L.P., a Delaware
limited partnership ("Management") and (viii) Apollo Advisors V, L.P., a
Delaware limited partnership ("Advisors V"). AP Towers, the Funds, Management
and Advisors V are referred to collectively as the "Reporting Persons." The
address of the principal office of each of the Reporting Persons is Two
Manhattanville Road, Purchase, New York 10577.
AP Towers is principally engaged in the business of investment in
securities of the Issuer. The Funds are principally engaged in the business of
investing in securities. Each of the Funds is a member of AP Towers. Management
is principally engaged in the business of serving as the manager of each of AP
Towers and the Funds. Advisors V is principally engaged in the business of
providing advice regarding investments by and serving as the general partner of
the Funds.
AIF V Management, Inc., a Delaware corporation ("AIFVM"), is the general
partner of Management. AIFVM is principally engaged in the business of serving
as the general partner of Management and other investment funds.
Apollo Capital Management V, Inc., a Delaware corporation ("Capital
Management V"), is the general partner of Advisors V. Capital Management V is
principally engaged in the business of serving as general partner to Advisors V.
The address of the principal office of each of AIFVM and Capital Management
V is Two Manhattanville Road, Purchase, New York 10577.
Attached as Appendix A to Item 2 is information concerning the executive
officers and directors of AIFVM and Capital Management and other entities as to
which such information is required to be disclosed in response to Item 2 and
General Instruction C to Schedule 13D.
None of the Reporting Persons, AIFVM, Capital Management nor any of the
persons or entities referred to in Appendix A to Item 2 has, during the last
five years, been convicted in a criminal proceeding (excluding traffic
violations and similar misdemeanors) or been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree, or final order
enjoining future violations of, or prohibiting or mandating activities subject
to, Federal or state securities laws or finding any violation with respect to
such laws.
Page 10 of 15
Item 3. Source and Amount of Funds or Other Consideration
AP Towers beneficially owns an aggregate of 5,575,809 shares of Common
Stock as of this date. The Issuer filed for bankruptcy on November 15, 2002
under Chapter 11 of the United States Bankruptcy Code. Pursuant to the Issuer's
Plan of Reorganization (the "Plan"), which was confirmed by the United States
Bankruptcy Court for the Eastern District of North Carolina, Raleigh Division
(the "Bankruptcy Court") pursuant to an order entered on January 28, 2003, AP
Towers was entitled to receive shares of the Issuer's Common Stock on the
effective date of the Plan. The Plan became effective on February 10, 2003. AP
Towers was entitled to receive such shares because it beneficially owned Class 6
general unsecured claims under the Plan. Under the Plan, Class 6 general
unsecured claims were held by holders of the Issuer's 12 1/2% Senior Notes due
2010, 6 3/4% Senior Convertible Notes due 2010, 10 3/4% Senior Notes due 2010,
127/8% Senior Discount Notes due 2010, 11 1/4% Senior Discount Notes due 2009
and 12% Senior Discount Notes due 2008 (collectively, the "Notes"). AP Towers
held an aggregate of $484,299,000 in principal amount of Notes. Prior to
confirmation of the Plan, the Reporting Persons, as well as certain other
members of the creditors' committee, were granted a right to appoint an initial
member of the Issuer's Board of Directors upon effectiveness of the Plan.
Pursuant to the terms of the Plan, the general unsecured claims of AP Towers
with respect to the Notes it held were satisfied in exchange for the
distribution of shares of Common Stock of the Issuer reported herein.
Item 4. Purpose of Transaction
As described in Item 3 above, AP Towers acquired the 5,575,809 shares of
Common Stock upon the effectiveness of the Plan on February 10, 2003.
All of the shares of Common Stock reported herein were acquired for
investment purposes. The Reporting Persons retain the right to change their
investment intent to from time to time acquire additional shares of Common
Stock, acquire other securities of the Issuer or to sell or otherwise dispose of
all or part of the Common Stock or other securities of the Issuer, if any,
beneficially owned by them, in any manner permitted by law. The Reporting
Persons may engage from time to time in ordinary course transactions with
financial institutions with respect to the securities described herein. Except
as otherwise disclosed herein, none of the Reporting Persons currently has any
agreements, beneficially or otherwise, which would be related to or would result
in any of the matters described in Items 4(a)-(j) of the Instructions to
Schedule 13D. However, as part of the ongoing evaluation of this investment and
investment alternatives, the Reporting Persons may consider such matters and,
subject to applicable law, may formulate a plan with respect to such matters,
and, from time to time, may hold discussions with or make formal proposals to
management or the Board of Directors of the Issuer, other stockholders of the
Issuer or other third parties regarding such matters.
Item 5. Interest in Securities of the Issuer
The shares of Common Stock shown as beneficially owned by each of the Funds
include the shares of Common Stock shown as beneficially owned by AP Towers who
may be viewed to be controlled by the Funds as a group. The shares of Common
Stock shown as beneficially owned by Management and Advisors include the shares
of Common Stock shown as beneficially owned by each of the Funds and AP Towers.
AIFVM may also be deemed to beneficially own the shares of common stock shown as
beneficially owned by AP Towers, each of the Funds and Management. Capital
Management may also be deemed to beneficially own the shares of common stock
shown as beneficially owned by AP Towers, each of the Funds and Advisors. The
number of shares indicated as being beneficially owned by the Reporting Persons
does not include certain additional shares of Common Stock that may be issued to
AP Towers upon the resolution of certain disputed claims made by third party
creditors against the Issuer. To the extent that all of such disputed claims are
disallowed, pursuant to the Plan AP Towers could acquire up to an additional
Page 11 of 15
38,511 shares of Common Stock. The Funds, Management, Advisors V, AIFVM and
Capital Management disclaim beneficial ownership of the shares of the Issuer's
Common Stock held by AP Towers and the filing of this Schedule 13D shall not be
construed as an admission that any such person is the beneficial owner of any
such securities.
(a) See the information contained on the cover pages to this Schedule
13D which is incorporated herein by reference. The percentage of the class
beneficially owned by the each Reporting Person is based on 23,587,085
outstanding shares of Common Stock, as represented to the Reporting Persons
by the Issuer on February 11, 2003.
(b) See the information contained on the cover pages to this Schedule
13D which is incorporated herein by reference.
(c) There have been no reportable transactions with respect to the
Common Stock of the Issuer within the last 60 days by the Reporting
Persons, except as described in this Schedule 13D.
(d) None.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
On February 10, 2003, AP Towers, the Issuer and other holders of more than
10% of the outstanding shares of Common Stock as identified therein entered into
the Registration Rights Agreement (the "Agreement"). Pursuant to the terms of
the Agreement, AP Towers was granted two demand registration rights to register
shares of the Common Stock beneficially owned by AP Towers for resale under the
Securities Act of 1933, as amended, as well as the right to include certain
shares of the Common Stock on registration statements (other than on Forms S-4
or S-8) otherwise filed by the Issuer.
See also the responses to Item 3 above, which are incorporated herein by
reference.
Item 7. Material to Be Filed as Exhibits
Exhibit 1: Joint Filing Agreement.
Exhibit 2: Proposed Disclosure Statement with respect to the Proposed Plan
of Reorganization of SpectraSite Holdings, Inc. under Chapter 11
of the Bankruptcy Code (incorporated by reference to Exhibit
99.2 to the Issuer's Current Report on Form 8-K filed with the
Securities and Exchange Commission (the "Commission") on
November 19, 2002).
Exhibit 3: Confirmation Order, dated January 28, 2003 (incorporated by
reference to Exhibit 2.1 to the Issuer's Current Report on Form
8-K filed with the Commission on January 30, 2003).
Exhibit 4: Registration Rights Agreement dated February 10, 2003 by and
among SpectraSite, Inc., AP Towers, LLC and the other holders of
registerable common stock named therein (incorporated by
reference to Exhibit 10.5 to the Issuer's Current Report on
Form 8-K filed with the Commission on February 11, 2003).
Page 12 of 15
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of each of
the undersigned, each of the undersigned certifies that the information set
forth in this statement with respect to such person is true, complete and
correct.
Date: February 14, 2003 AP TOWERS, LLC
BY: APOLLO MANAGEMENT V, L.P.
as Manager
By: AIF V MANAGEMENT, INC.
Its General Partner
By: /s/ Michael D. Weiner
------------------------
Michael D. Weiner
Vice President
Date: February 14, 2003 APOLLO INVESTMENT FUND V, L.P.
By: APOLLO ADVISORS V, L.P.
Its General Partner
By: APOLLO CAPITAL MANAGEMENT V, INC.
Its General Partner
By: /s/ Michael D. Weiner
------------------------------
Michael D. Weiner
Vice President
Date: February 14, 2003 APOLLO OVERSEAS PARTNERS V, L.P.
By: APOLLO ADVISORS V, L.P.
Its General Partner
By: APOLLO CAPITAL MANAGEMENT V, INC.
Its General Partner
By: /s/ Michael D. Weiner
------------------------------
Michael D. Weiner
Vice President
Date: February 14, 2003 APOLLO NETHERLANDS PARTNERS V (A), L.P.
By: APOLLO ADVISORS V, L.P.
Its General Partner
By: APOLLO CAPITAL MANAGEMENT V, INC.
Its General Partner
By: /s/ Michael D. Weiner
----------------------------------
Michael D. Weiner
Vice President
Date: February 14, 2003 APOLLO NETHERLANDS PARTNERS V (B), L.P.
By: APOLLO ADVISORS V, L.P.
Its General Partner
By: APOLLO CAPITAL MANAGEMENT V, INC.
Its General Partner
By: /s/ Michael D. Weiner
----------------------------------
Michael D. Weiner
Vice President
Date: February 14, 2003 APOLLO GERMAN PARTNERS V GmbH KG & CO.
By: APOLLO ADVISORS V, L.P.
Its General Partner
By: APOLLO CAPITAL MANAGEMENT V, INC.
Its General Partner
By: /s/ Michael D. Weiner
----------------------------------
Michael D. Weiner
Vice President
Date: February 14, 2003 APOLLO MANAGEMENT V, L.P.
By: AIF V MANAGEMENT, INC.
Its General Partner
By: /s/ Michael D. Weiner
----------------------------------
Michael D. Weiner
Vice President
Date: February 14, 2003 APOLLO ADVISORS V, L.P.
By: APOLLO CAPITAL MANAGEMENT V, INC.
Its General Partner
By: /s/ Michael D. Weiner
--------------------------------------
Michael D. Weiner
Vice President
APPENDIX A
The following sets forth information with respect to certain of the
executive officers and directors of AIFVM and Capital Management V. Capitalized
terms used herein without definition have the meanings assigned thereto in the
Schedule 13D to which this Appendix A relates.
The directors and principal executive officers of AIFVM and Capital
Management V are Messrs. Leon D. Black and John J. Hannan. The principal
occupations of each of Messrs. Black and Hannan is to act as executive officers
and directors of AIFVM and Capital Management V. Messers. Black and Hannan are
also founding principals of Apollo Advisors, L.P. and its successive and
affiliated investment managers (collectively "Apollo Advisors"), including
Advisors V, with respect to the Apollo investment funds.
The business address of each of Messrs. Black and Hannan is c/o Apollo
Management, L.P., 1301 Avenue of the Americas, New York, New York 10019 and
Messers. Black and Hannan are each a citizen of the United States. Each of
Messrs. Black and Hannan disclaims beneficial ownership of the Common Stock
beneficially owned by the Reporting Persons.