---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-007482"
form_type: "8-K"
ticker: "SHEN"
cik: "0000354963"
company_name: "SHENANDOAH TELECOMMUNICATIONS CO/VA/"
filed_at: "2025-11-20T23:59:59+00:00"
generated_at: "2026-05-16T18:16:07.469571+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shentel prices $567.4M inaugural fiber network securitization with 5.69% weighted avg coupon

## Summary
- $489.1M Class A-2 notes at 5.64% and $78.3M Class B notes at 6.03%, both due Dec 2030.
- Weighted average coupon approximately 5.69%; secured by fiber assets in VA, OH, PA, IN, MD.
- Expected close Dec 5, 2025; proceeds to repay existing term loans and for general corporate purposes.
- Notes offered only to QIBs under Rule 144A and Regulation S; not registered under Securities Act.

## SEC filing metadata
- accession: 0001171843-25-007482
- form_type: 8-K
- ticker: SHEN
- cik: 0000354963
- company_name: SHENANDOAH TELECOMMUNICATIONS CO/VA/
- filed_at: 2025-11-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354963/000117184325007482/0001171843-25-007482-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354963/000117184325007482/f8k_112025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-007482
- JSON: https://secwatch.observer/filing/0001171843-25-007482.json
- Plain text: https://secwatch.observer/filing/0001171843-25-007482.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.