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0 0 0.00760456273764259 0.00760456273764259 0.0095057034220532 0.000133079847908773 0.0114068441064638 0.0114068441064638
Stock impact report

Uniti Group Inc. Completes Inaugural $589 Million Fiber Securitization Notes Offering

Uniti Group Inc. (UNIT) 
Last uniti group inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.uniti.com
Company Research Source: GlobeNewswire
Portion of Proceeds from Securitization Notes Offering to be Used to Partially Redeem $125 Million of 10.50% Senior Secured Notes Due 2028 LITTLE ROCK, Ark., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that Uniti Fiber ABS Issuer LLC and Uniti Fiber TRS Issuer LLC, limited-purpose, bankruptcy remote indirect subsidiaries of Uniti (collectively, the “Issuers”), completed an inaugural $589,000,000 fiber securitization notes offering consisting of $426,000,000 5.9% Series 2025-1, Class A-2 term notes, $65,000,000 6.4% Series 2025-1, Class B term notes and $98,000,000 9.0% Series 2025-1, Class C term notes (collectively, the “Series 2025-1 Term Notes”), each with an anticipated repayment date in April of 2030. The Series 2025-1 Term Notes have a weighted average yield of approximately 6.5%. The Series 2025-1 Term Notes are secured by certain fiber network assets and related customer contracts in the State of Florid Show less Read more
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