Recent Updates — UNIT
Uniti Group Inc. reported the results of Asset Sale Offers for its $4.750% Senior Secured Notes due 2028 and $7.500% Senior Secured Notes due 2033. Valid tenders totaling $554,108,000 in 2028 Notes and $1,368,000 in 2033 Notes exceeded the maximum offer amount of $480,236,000, triggering proration. The company accepted for purchase $479,054,000 in principal amount of 2028 Notes and $1,182,000 in 2033 Notes on August 21, 2026. Settlement is scheduled for August 24, 2026. Uniti Group Inc. operates as a tower infrastructure company that leases wireless communication site space to mobile network operators.
On July 31, 2026, Uniti Group Inc. announced that its subsidiaries amended previously announced asset sale offers for its senior secured notes due 2028 and 2033. The aggregate principal amount of the offers increased from $332,209,000 to $480,236,000 following the completion of a term loan prepayment by Uniti Services LLC. Lenders elected to tender $19.8 million of the outstanding 2032 term loan for prepayment. The other terms of the asset sale offers remain unchanged. Uniti Group Inc. operates in the telecommunications infrastructure industry, owning and leasing wireless tower sites.
Uniti Group Inc. reported second quarter 2026 results with consolidated revenue of $909.7 million and adjusted EBITDA of $357.1 million, resulting in a net loss of $155.9 million. The company announced an updated full-year 2026 outlook projecting revenue between $3.63 billion and $3.68 billion, with adjusted EBITDA expected to range from $1.45 billion to $1.50 billion. On July 15, Uniti completed a $1.1 billion secured term note offering at a weighted average coupon of approximately 6.18%. Concurrently, the company initiated a prepayment offer for up to $167.8 million of its senior secured term loan due 2032 and commenced asset sale offers for up to $332.2 million in aggregate principal amount of senior secured notes due 2028 and 2033, expiring on August 20, 2026. Uniti Group Inc. is a fiber infrastructure provider that builds, operates, and delivers communications services across the United States.
Uniti Group Inc. announced a $500 million term loan prepayment offer and concurrent asset sale offers for its senior secured notes. Following a $1.1 billion private offering of secured fiber network revenue term notes by Kinetic ABS Issuer LLC, the company intends to ability to use net cash proceeds to repay senior secured indebtedness. The asset sale offers for the 4.750% Senior Secured Notes due 2028 and 7.500% Senior Secured Notes due 2033 will expire on August 20, 2026. Uniti Group Inc. operates in the telecommunications infrastructure industry, providing fiber network services.
Kinetic ABS Issuer LLC, an indirect subsidiary of Uniti Group Inc., completed a private offering of $1,140,710,000 in secured fiber network revenue term notes, consisting of three classes of notes with interest rates of 5.834%, 6.224%, and 7.536%. The notes have an anticipated repayment date in June 2033 and a legal final maturity date in June 2058. Uniti Group Inc. intends to use the net proceeds for general corporate purposes, including capital expenditures and debt repayment. Uniti Group Inc. operates in the telecommunications industry, providing fiber network infrastructure services.
Uniti Group Inc. announced the pricing of $1,140.71 million in secured fiber network revenue term notes by its subsidiary, Kinetic ABS Issuer LLC, consisting of three classes of notes with a weighted average coupon rate of approximately 6.180%. The offering is expected to true close on July 15, 2026, and the notes are secured by residential fiber network assets across several states.