Uniti Group Inc. Announces Pricing of $589 Million Fiber Securitization Notes Offering
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Uniti Group Inc. has announced the pricing of a $589 million fiber securitization notes offering through its subsidiaries. The notes, secured by fiber network assets, have a weighted average yield of 6.5% and are expected to close on February 3, 2025.
January 17, 2025 | 11:30 pm
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Uniti Group Inc. has priced a $589 million fiber securitization notes offering, secured by fiber network assets. The offering is expected to close on February 3, 2025.
The successful pricing of the notes indicates strong investor interest and confidence in Uniti's fiber network assets. This could positively impact UNIT's stock price in the short term as it strengthens the company's financial position.
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