Uniti Group Inc. Announces Launch of Fiber Securitization Notes Offering
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Uniti Group Inc. has announced the launch of a $589 million fiber securitization notes offering through its subsidiaries. The notes, secured by fiber network assets, are expected to be repaid by April 2030.
January 09, 2025 | 1:15 pm
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Uniti Group Inc. is launching a $589 million fiber securitization notes offering, secured by fiber network assets in Florida and the Gulf Coast. This move could enhance liquidity and financial flexibility.
The offering of $589 million in secured notes is a significant financial move for Uniti Group, potentially improving its liquidity and financial flexibility. The notes are secured by valuable fiber network assets, which may reassure investors about the company's asset-backed financial strategy.
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