debt
confidence high
sentiment neutral
materiality 0.70
Uniti prices $960.1M fiber securitization notes at weighted avg 5.689% with Feb 2031 repayment
Uniti Group Inc.
- Priced $960.1M secured fiber network revenue term notes via Kinetic ABS Issuer LLC.
- Three tranches: $677.7M Class A-2 at 5.219%, $113.0M Class B at 5.561%, $169.4M Class C at 7.653%.
- Weighted average coupon 5.689%; notes secured by residential fiber assets in AR, GA, KY, OH, TX.
- Issuer expects $150M variable funding note facility and liquidity facility; closing Jan 30, 2026.
- Proceeds for general corporate purposes including success-based capex and/or debt repayment.