Uniti Group Inc. Announces Pricing of Windstream Add-On Offering of 8.250% Senior First Lien Notes
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Uniti Group Inc. has announced the pricing of Windstream's add-on offering of 8.250% Senior First Lien Notes. Windstream plans to use the net proceeds to redeem its 7.750% Senior First Lien Notes due 2028.
December 13, 2024 | 2:00 am
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Uniti Group Inc. is involved in the pricing of Windstream's new 8.250% Senior First Lien Notes. This move allows Windstream to redeem its existing 7.750% notes due 2028, potentially improving its financial structure.
The announcement indicates a strategic financial move by Windstream, facilitated by Uniti Group. By redeeming higher interest notes, Windstream can potentially improve its financial health, which may positively impact Uniti Group as a partner.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80