debt
confidence high
sentiment neutral
materiality 0.65
Uniti Group announces $500M debt prepayment and up to $332M asset sale offers for notes
Uniti Group Inc.
- Completed $1.1B secured fiber revenue term notes offering by Kinetic ABS Issuer; proceeds used to buy assets from subsidiary guarantors.
- Uniti Services prepays up to $167.8M of Term Loan due 2032 on July 30, 2026.
- Issuers commence asset sale offers to purchase up to $332.2M of 4.750% 2028 Notes and 7.500% 2033 Notes.
- If term loan lenders decline part of prepayment, asset sale offer amount may increase by the declined amount.
- Asset sale offers expire August 20, 2026; holders contact Sodali & Co.