Uniti Group Inc. Announces Pricing of Upsized Senior Notes Offering
Uniti Group (Nasdaq: UNIT) announced that its subsidiary, Windstream Services, has priced an upsized offering of $1.4 billion in 7.50% Senior Secured Notes due 2033, representing a $500 million increase from the initially announced $900 million.
The company is also pursuing a $1.0 billion term loan at Term SOFR +4.00% per annum and extending credit facility maturities to December 2027. The combined proceeds will be used to redeem Windstream's outstanding 10.50% senior secured notes due 2028, with the redemption date set for October 6, 2025.
Uniti Group (Nasdaq: UNIT) ha annunciato che la controllata Windstream Services ha avviato un upsized offering di 1,4 miliardi di dollari in note senior secured al 7,50% con scadenza nel 2033, pari a un aumento di 500 milioni rispetto agli 900 milioni inizialmente annunciati.
L'azienda sta anche perseguendo un prestito a termine di 1,0 miliardo di dollari a Term SOFR +4,00% annuo e sta estendendo le scadenze della linea di credito fino a dicembre 2027. I proventi combinati verranno utilizzati per rifinanziare le note senior secured al 10,50% in scadenza nel 2028, con la data di rimborso fissata al 6 ottobre 2025.
Uniti Group (Nasdaq: UNIT) anunció que su filial Windstream Services ha fijado una oferta ampliada de 1.400 millones de dólares en notas senior garantizadas al 7,50% con vencimiento en 2033, lo que representa un aumento de 500 millones respecto a los 900 millones anunciados inicialmente.
La compañía también busca un crédito a plazo de 1,0 mil millones de dólares a Término SOFR +4,00% anual y está ampliando las madurez de la facilidad de crédito hasta diciembre de 2027. Los fondos combinados se utilizarán para canjear las notas senior garantizadas al 10,50% vencidas en 2028, con la fecha de redención fijada para el 6 de octubre de 2025.
Uniti Group (Nasdaq: UNIT)는 자회사 Windstream Services가 2033년 만기, 연 7.50%의 Senior Secured Notes를 14억 달러로 상향 발행했다고 발표했습니다. 이는 처음 발표된 9억 달러에서 5억 달러 증가한 금액입니다.
또한 이 기업은 연이율 Term SOFR +4.00%의 10억 달러 규모의 기간 대출을 추진 중이며 신용 한도를 2027년 12월까지 연장하고 있습니다. 조달된 자금은 2028년 만기, 이자율 10.50%의 선순위 담보채를 상환하는 데 사용되며, 상환일은 2025년 10월 6일로 정해져 있습니다.
Uniti Group (Nasdaq : UNIT) a annoncé que sa filiale Windstream Services a fixé une émission majorée de 1,4 milliard de dollars d'obligations senior garanties à 7,50% arrivant à échéance en 2033, ce qui représente une hausse de 500 millions par rapport aux 900 millions initialement annoncés.
La société poursuit également un prêt à terme d'1,0 milliard de dollars à un taux Term SOFR +4,00% par an et prolonge les maturités de sa facilité de crédit jusqu'en décembre 2027. Le produit global sera utilisé pour racheter les notes senior garanties à 10,50% échues en 2028, dont la date de rachat est fixée au 6 octobre 2025.
Uniti Group (Nasdaq: UNIT) gab bekannt, dass seine Tochter Windstream Services eine aufgestockte Emission von Senior Secured Notes mit 7,50 % Zinsen und Fälligkeit 2033 in Höhe von 1,4 Milliarden USD platziert hat, was einer Erhöhung von 500 Millionen im Vergleich zu den ursprünglich angekündigten 900 Millionen entspricht.
Das Unternehmen strebt außerdem einen Term Loan von 1,0 Milliarde USD zu Term SOFR +4,00 % pro Jahr an und verlängert die Laufzeiten der Kreditfazilität bis Dezember 2027. Die Gesamterlöse werden verwendet, um die ausstehenden Senior Secured Notes mit 10,50 % Fälligkeit 2028 zurückzuzahlen, wobei das Rückzahlungsdatum auf den 6. Oktober 2025 festgelegt ist.
Uniti Group (Nasdaq: UNIT) أعلنت أن شركتها التابعة Windstream Services حددت عرضاً موسعاً بقيمة 1.4 مليار دولار لسندات مضمونة رئيسية بفائدة 7.50% تستحق في 2033، وهو ما يمثل زيادة قدرها 500 مليون دولار عن المبلغ الذي أعلن عنه في البداية وهو 900 مليون دولار.
كما تسعى الشركة للحصول على قرض استحقاقي بمقدار 1.0 مليار دولار بمعدل Term SOFR +4.00% سنوياً وتقوم بتمديد آجال التسهيل الائتماني حتى ديسمبر 2027. وسيُستخدم مجموع العائدات لردّ سداد السندات المضمونين الرئيسيين بفائدة 10.50% المستحقة في 2028، وتحديد تاريخ الاسترداد في 6 أكتوبر 2025.
Uniti Group（纳斯达克：UNIT）宣布其子公司 Windstream Services 已定价发行增至 14亿美元的7.50%高级担保票据，到期日为2033年，相较最初宣布的9亿美元增加了 5亿美元。
公司还在寻求一笔< b>10亿美元的定期贷款，利率为 Term SOFR +4.00%/年，并将信贷额度的到期日延长至2027年12月。募集资金将用于赎回2028年到期、息票率为10.50% 的高级担保票据，赎回日期定于 2025年10月6日。
- None.
- Significant debt level with $2.4 billion combined new financing
- Additional interest expense from new Term SOFR +4.00% term loan
Insights
Uniti's subsidiary is refinancing $1.4B in debt at lower rates (7.50% vs 10.50%), substantially reducing interest expense and extending debt maturities.
Uniti's subsidiary Windstream Services has priced an upsized
The substantial 300 basis point reduction in interest rate (from 10.50% to 7.50%) on the notes represents a significant interest expense savings for the company. On the new notes alone, this translates to approximately
Beyond interest savings, this refinancing provides two strategic advantages: extended debt maturities and improved capital structure flexibility. The new 2033 maturity date pushes obligations out by five years compared to the 2028 notes being redeemed. Additionally, the company is extending its revolving credit facilities to December 2027, creating a more staggered maturity profile.
The strong market reception evidenced by the upsized offering suggests investor confidence in Uniti's creditworthiness. This successful debt refinancing during a relatively stable interest rate environment demonstrates proactive liability management, allowing the company to lock in relatively favorable long-term financing before potential future rate increases.
Issues Notice of Redemption for Secured Notes due 2028
LITTLE ROCK, Ark., Sept. 25, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that its subsidiary, Windstream Services, LLC (the “Issuer”), has priced its offering (the “Offering”) of
The Issuer is also pursuing
The Issuer intends to use the net proceeds from the Offering and the borrowings under the 2025 Term Loan to fund the redemption in full (the “Redemption”) of its outstanding
The Issuer issued a notice of redemption in connection with the pricing of the Offering of the Notes to redeem the 2028 secured notes on October 6, 2025 (the “Redemption Date”) at a redemption price determined in accordance with the indenture governing the 2028 secured notes plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date. The Redemption of the 2028 secured notes will be conditioned upon the receipt by the Issuer of at least
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This press release does not constitute a notice of redemption with respect to the 2028 secured notes.
ABOUT UNITI
Uniti is a premier insurgent fiber provider dedicated to enabling mission-critical connectivity across the United States. We build, operate, and deliver fast and reliable communications services, empowering more than a million consumers and businesses in the digital economy. Our broad portfolio of services is offered through a suite of brands: Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future and management’s current expectations, involve certain risks and uncertainties, and are not guarantees. These forward-looking statements include, but are not limited to, statements regarding the refinancing activities and use of proceeds from such activities. The words “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “would,” “predicts” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on the forward-looking statements. Future results may differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that the Company makes. These forward-looking statements involve risks and uncertainties, known and unknown, that could cause events and results to differ materially from those in the forward-looking statements, including, without limitation: unanticipated difficulties or expenditures relating to the merger of Uniti and Windstream; competition and overbuilding in consumer service areas and general competition in business markets; risks related to Uniti’s indebtedness, which could reduce funds available for business purposes and operational flexibility; rapid changes in technology, which could affect its ability to compete; risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data; risks related to various forms of regulation from the Federal Communications Commission, state regulatory commissions and other government entities and effects of unfavorable legal proceedings, government investigations, and complex and changing laws; risks inherent in the communications industry and associated with general economic conditions; and additional risks set forth in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Uniti and its predecessor’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings with the U.S. Securities and Exchange Commission as well as Uniti’s predecessor’s registration statement on Form S-4 dated February 12, 2025. The discussion of such risks is not an indication that any such risks have occurred at the time of this filing. The Company does not assume any obligation to update any forward-looking statements. Uniti expressly disclaims any obligation to release publicly any updates or revisions to any of the forward-looking statements set forth in this press release to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
INVESTOR CONTACTS:
Paul Bullington, 251-662-1512
Senior Executive Vice President, Chief Financial Officer & Treasurer
paul.bullington@uniti.com
Bill DiTullio, 501-850-0872
Senior Vice President, Investor Relations & Treasury
bill.ditullio@uniti.com
MEDIA CONTACTS:
Scott L. Morris
Associate Director, Media & External Communications
501-580-4759
scott.l.morris@uniti.com
Brandi Stafford
Vice President, Corporate Communications
501-351-0067
brandi.stafford@uniti.com
This press release was published by a CLEAR® Verified individual.
FAQ
What is the size and interest rate of Uniti Group's (UNIT) new senior notes offering?
How will Uniti Group (UNIT) use the proceeds from the new notes and term loan?
What is the total financing package announced by Uniti Group (UNIT)?
When will Uniti Group's (UNIT) new notes offering close?
What are the terms of Uniti Group's (UNIT) new term loan?
