-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CFgYkvs6BFqF1hGiGtq1uH1W8UpzBRsBXyAFr64soGOCVUK60cENFwP0rEOZmkPn g95uGkpEIqzrjONusRvarg== 0001021408-03-003000.txt : 20030218 0001021408-03-003000.hdr.sgml : 20030217 20030214195610 ACCESSION NUMBER: 0001021408-03-003000 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20030218 GROUP MEMBERS: AP TOWERS, LLC GROUP MEMBERS: APOLLO ADVISORS V, L.P. GROUP MEMBERS: APOLLO GERMAN PARTNERS V GMBH & CO. KG GROUP MEMBERS: APOLLO INVESTMENT FUND V, L.P. GROUP MEMBERS: APOLLO NETHERLANDS PARTNERS V (A), L.P. GROUP MEMBERS: APOLLO NETHERLANDS PARTNERS V (B), L.P. GROUP MEMBERS: APOLLO OVERSEAS PARTNERS V, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SPECTRASITE INC CENTRAL INDEX KEY: 0001072048 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 562027322 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-57443 FILM NUMBER: 03569913 BUSINESS ADDRESS: STREET 1: 100 REGENCY FOREST DR STREET 2: SUITE 400 CITY: CARY STATE: NC ZIP: 27511 BUSINESS PHONE: 9194680112 MAIL ADDRESS: STREET 1: 8000 REGENCY PARKWAY CITY: CARY STATE: NC ZIP: 27511 FORMER COMPANY: FORMER CONFORMED NAME: SPECTRASITE HOLDINGS INC DATE OF NAME CHANGE: 19981014 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: APOLLO MANAGEMENT V LP CENTRAL INDEX KEY: 0001162728 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 2 MANHATTANVILLE RD STREET 2: C/O APOLLO ADVISORS LP CITY: PURCHASE STATE: NY ZIP: 10577 BUSINESS PHONE: 9146948000 MAIL ADDRESS: STREET 1: 2 MANHATTANVILLE RD STREET 2: C/O APOLLO ADVISORS LP CITY: PURCHASE STATE: NY ZIP: 10577 SC 13D 1 dsc13d.txt SCHEDULE 13D 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). - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 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. EX-1 3 dex1.txt JOINT FILING AGREEMENT Exhibit 1 AGREEMENT OF JOINT FILING SPECTRASITE, INC. In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned hereby confirm the agreement by and among them to the joint filing on behalf of them of a Statement on Schedule 13D and any and all amendments thereto, with respect to the above referenced securities and that this Agreement be included as an Exhibit to such filing. This Agreement may be executed in any number of counterparts each of which shall be deemed to be an original and all of which together shall be deemed to constitute one and the same Agreement. IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of this 14th day of February, 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 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 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 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 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 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 APOLLO MANAGEMENT V, L.P. By: AIF V MANAGEMENT, INC. Its General Partner By: /s/ Michael D. Weiner ------------------------------- Michael D. Weiner Vice President APOLLO ADVISORS V, L.P. By: APOLLO CAPITAL MANAGEMENT V, INC. Its General Partner By: /s/ Michael D. Weiner ------------------------------ Michael D. Weiner Vice President -----END PRIVACY-ENHANCED MESSAGE-----