Uniti closes USD 1.1 billion fiber network asset sale to Kinetic ABS unit

Reuters2026/07/23 20:56

By:Reuters

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Uniti Group’s Kinetic ABS Issuer completed a USD 1.1 billion secured fiber network revenue term notes offering to fund an internal fiber asset sale.
Net cash from the sale earmarked for reinvestment, including growth capital spending, with USD 500 million allocated to repay senior secured debt.
Uniti Services issued notice to prepay up to USD 167.79 million of its senior secured term loan due 2032 on July 30.
Uniti subsidiaries launched asset sale offers to repurchase up to USD 332.21 million of senior secured notes due 2028 and 2033.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Uniti Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950103-26-011093), on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Uniti closes USD 1.1 billion fiber network asset sale to Kinetic ABS unit

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