Uniti Group (UNIT) Company Report

Uniti Group Inc. is issuing 8.625% Senior Notes due 2032, with an issue date of February 4, 2026.
The document provides definitions for key financial metrics such as Consolidated Net Indebtedness, Consolidated Net Leverage Ratio, and EBITDA, which are critical for understanding the company's financial covenants.
It also references a 2025 Indenture dated June 24, 2025, and 10.50% Secured Notes due 2028.

2 days ago

8-K

Uniti Group Inc. Enters into Note Purchase Agreement for Secured Fiber Network Revenue Variable Funding Notes

UNIT

Debt Issuance

New Projects/Investments

UNITI KINETIC FIBER LLC (as Manager) and KINETIC ABS ISSUER LLC (as Issuer) entered into a CLASS A-1-V NOTE PURCHASE AGREEMENT on January 30, 2026.
This agreement pertains to SECURED FIBER NETWORK REVENUE VARIABLE FUNDING NOTES, SERIES 2026-1, CLASS A-1-V.
The initial Anticipated Repayment Date for the Series 2026-1 Class A-1-V Notes is the Payment Date in February 2029, with an option for a first extension to February 2030.
Barclays Bank PLC is involved as both the Letter of Credit Provider and the Series 2026-1 Class A-1-V Administrative Agent for this agreement.

3 days ago

8-K

Uniti Group Completes Inaugural Kinetic Fiber Securitization Notes Offering

UNIT

Debt Issuance

New Projects/Investments

Uniti Group Inc. (Uniti) announced the completion of an inaugural offering of $960,100,000 aggregate principal amount of secured fiber network revenue term notes by its subsidiary, Kinetic ABS Issuer LLC.
The Notes are secured by residential fiber network assets and customer agreements in Arkansas, Georgia, Kentucky, Ohio, and Texas, with an anticipated repayment date in February 2031.
Uniti intends to use the net proceeds for general corporate purposes, which may include success-based capital expenditures and/or repayment of outstanding debt.
In connection with the offering, a $150,000,000 variable funding note facility and a liquidity funding note facility were also entered into.

7 days ago

Press Release

Uniti Group Prices Upsized Senior Notes Offering

UNIT

Debt Issuance

Uniti Group Inc. announced the pricing of an offering of $1.0 billion aggregate principal amount of 8.625% senior notes due 2032.
The offering was upsized by $500 million compared to the previously announced size and will be issued at an issue price of 100.25%.
The offering is expected to close on February 4, 2026.
The net proceeds from the offering are intended to repay borrowings under Uniti Services' senior secured first lien term loan facility due 2031 and for general corporate purposes.

Jan 21, 2026, 11:00 PM

Press Release

Uniti Group Announces Private Offering of Senior Notes

UNIT

Debt Issuance

Uniti Group Inc. subsidiaries have commenced a private offering of $500 million aggregate principal amount of 8.625% senior notes due 2032.
The net proceeds from this offering, combined with cash on hand, are intended to repay borrowings under Uniti Services’ senior secured first lien term loan facility due 2031.
The Notes are not registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers and non-U.S. persons.
Within 60 days of issuance, Uniti Services will seek regulatory approval for certain regulated subsidiaries to guarantee the Notes, after which a mandatory exchange for "additional notes" is expected.

Jan 21, 2026, 1:20 PM

Press Release

Uniti Group Inc. announces pricing of $960.1 million fiber securitization notes offering

UNIT

Debt Issuance

New Projects/Investments

Uniti Group Inc. announced the pricing of $960.1 million aggregate principal amount of secured fiber network revenue term notes by its subsidiary, Kinetic ABS Issuer LLC.
The offering includes three series of notes (Class A-2, Class B, and Class C) with interest rates ranging from 5.219% to 7.653%, and a weighted average coupon rate of approximately 5.689%, all with an anticipated repayment date in February 2031.
These notes will be secured by residential fiber network assets in Arkansas, Georgia, Kentucky, Ohio, and Texas, with the offering expected to close on January 30, 2026.
Uniti intends to use the net proceeds for general corporate purposes, which may include success-based capital expenditures and/or repayment of outstanding debt.

Jan 16, 2026, 11:07 AM

8-K

Uniti Group Prices $960.1 Million Fiber Securitization Notes Offering

UNIT

Debt Issuance

New Projects/Investments

Uniti Group Inc. (UNIT) announced the pricing of an offering for $960,100,000 aggregate principal amount of secured fiber network revenue term notes.
The notes, consisting of Series 2026-1, Class A-2, Class B, and Class C term notes, have a weighted average coupon rate of approximately 5.689% and an anticipated repayment date in February 2031.
The offering is expected to close on January 30, 2026, with the notes secured by residential fiber network assets in Arkansas, Georgia, Kentucky, Ohio, and Texas.
Uniti intends to use the net proceeds for general corporate purposes, which may include success-based capital expenditures and/or repayment of outstanding debt.

Jan 15, 2026, 10:30 PM

Press Release

Uniti Group Inc. Announces Launch of Secured Fiber Network Notes Offering

UNIT

Debt Issuance

New Projects/Investments

Uniti Group Inc. (UNIT) announced an offering of $960,100,000 aggregate principal amount of secured fiber network revenue term notes through its subsidiary, Kinetic ABS Issuer LLC.
The notes are expected to have an anticipated repayment date in February 2031 and will be secured by residential fiber network assets and customer agreements in Arkansas, Georgia, Kentucky, Ohio, and Texas.
Uniti intends to use the net proceeds from the offering for general corporate purposes, which may include success-based capital expenditures and/or repayment of outstanding debt.
The Issuer also expects to enter into a $150,000,000 variable funding note facility and a liquidity funding note facility.

Jan 8, 2026, 3:13 PM

Press Release

Uniti Group Updates on Windstream Merger, Fiber Build, and Capital Strategy

UNIT

M&A

New Projects/Investments

Debt Issuance

Uniti Group has closed its merger with Windstream and is targeting $100 million of run rate annual synergies over the first three years, with integration focused on corporate functions while maintaining modularity for business segments.
The company plans to accelerate its fiber-to-the-home build to reach 3.5 million homes passed by 2029 (from 1.9 million today), projecting a cost to pass of $850-$950 in 2026 and beyond.
Uniti is "very bullish" on Asset-Backed Securitization (ABS), with plans for a Kinetic ABS issuance in the first half of 2026 and an estimated $3 billion-$4 billion of ABS capacity long-term.
Leverage is expected to increase during the Kinetic fiber build investment cycle, with deleveraging anticipated towards the end of the build, targeting 3.5 million homes by 2029.
The AI opportunity is considered "generational" and is driving significant demand for dark fiber, with a current funnel of $1.7 billion in total contract value.

Dec 2, 2025, 4:30 PM

Transcript

Uniti Group Discusses Post-Merger Integration, Fiber Build Plans, and Funding Strategy

UNIT

M&A

New Projects/Investments

Debt Issuance

Uniti Group has closed its merger with Windstream and targets $100 million in run rate annual synergies over the first three years.
The company aims to expand its Kinetic fiber-to-the-home build to 3.5 million homes passed by 2029, ramping up the build pace to 400,000 homes per year by Q1 or Q2 2026. The projected cost to pass is $850-$950 in 2026 and beyond.
Uniti is experiencing significant AI-driven demand in its Fiber Infrastructure segment, with a $1.7 billion total contract value funnel for hyperscaler dark fiber deals.
The company plans a Kinetic ABS issuance in the first half of 2026, expecting to raise $750 million to $1 billion in the near term, with a long-term capacity of $3 billion to $4 billion.
Leverage is anticipated to increase during the fiber build investment cycle, with deleveraging expected after the build concludes around 2029.