Portion of Proceeds from Securitization Notes Offering to be Used to Partially Redeem $125 Million of 10.50% Senior Secured Notes Due 2028 LITTLE ROCK, Ark., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that Uniti Fiber ABS Issuer LLC and Uniti Fiber TRS Issuer LLC, limited-purpose, bankruptcy remote indirect subsidiaries of Uniti (collectively, the “Issuers”), completed an inaugural $589,000,000 fiber securitization notes offering consi ...

My articles are written with a mind to owning a stock for years, not trying to predict price movements in a few months. I don't do target prices; I do valuations.I first entered investing in 2020 as an individual value investor, keen to understand the fundamentals of businesses and buy their shares at attractive prices. From May 2022 to May 2023, I worked as an investment advisory representative at Fidelity Investments. I am now self-employed through other ventures.Part of my technique is to write an articl ...

LITTLE ROCK, Ark., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its fourth quarter and full year 2024 financial results prior to the opening of trading on the Nasdaq Stock Exchange on February 21, 2025. A conference call to discuss those earnings will be held the same day at 8:30 AM Eastern Time. The conference call will be webcast live on Uniti’s Investor Relations website at investor.uniti.com. Those parties interested in participating via ...

LITTLE ROCK, Ark., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today the tax treatment of its 2024 distributions. The following table summarizes the federal income tax treatment of the distributions on its common shares as it is expected to be reported on Form 1099 – DIV. Common Stock CUSIP (91325V108) Record Date Payment Date Total Distribution Per Share Ordinary Dividend Per Share Capital Gain Distribution Per Share Nondividend Distribution Per Share12/15/23 1/04 ...

LITTLE ROCK, Ark., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti") (NASDAQ:UNIT) is pleased to announce a new 20-year long-haul fiber and conduit contract award from an existing strategic hyperscale customer that will connect Montgomery, AL, one of Uniti's existing 30+ enterprise markets, to Cuba, AL. As part of this contract award, Uniti will construct over 130 route miles of new multi-conduit systems and high-strand count fiber cables. The new east-west infrastructure will connect key data ce ...

LITTLE ROCK, Ark., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that Uniti Fiber ABS Issuer LLC and Uniti Fiber TRS Issuer LLC, limited-purpose, bankruptcy remote subsidiaries of Uniti (collectively, the “Issuers”), have priced their offering of $589,000,000 aggregate principal amount of secured fiber network revenue term notes, consisting of $426,000,000 5.9% Series 2025-1, Class A-2 term notes, $65,000,000 6.4% Series 2025-1, Class B t ...

Offering Details - Uniti Group Inc announced the commencement of an offering of $589 million aggregate principal amount of secured fiber network revenue term notes with an anticipated repayment date in April 2030 [1] - The Notes will be secured by certain fiber network assets and related customer contracts in Florida and the Gulf Coast region of Louisiana, Mississippi, and Alabama [1] - The Notes will be offered only to qualified institutional buyers under Rule 144A and outside the United States in compliance with Regulation S [3] Use of Proceeds - The net proceeds from the offering will be used to repay and terminate the existing ABS bridge facility and for general corporate purposes, which may include success-based capital investments and/or repayment of outstanding debt [2] Company Overview - Uniti Group Inc is an internally managed real estate investment trust engaged in the acquisition and construction of mission-critical communications infrastructure [5] - As of September 30, 2024, Uniti owns approximately 144,000 fiber route miles and 8.7 million fiber strand miles throughout the United States [5] Forward-Looking Statements - The press release contains forward-looking statements regarding the proposed offering of the Notes, based on management's current expectations and beliefs [6][7] - These statements are subject to risks and uncertainties that could lead to actual results differing materially from those projected, including factors related to the company's merger with Windstream and other operational risks [7][8]

LITTLE ROCK, Ark., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) today announced the pricing of $1.4 billion aggregate principal amount of additional 8.250% Senior First Lien Notes due 2031 (the “Additional Windstream Notes”) by Windstream Services, LLC and Windstream Escrow Finance Corp. (collectively, the “Windstream Co-Issuers”), each a subsidiary of Windstream Holdings II, LLC (“Windstream”). The Additional Windstream Notes will constitute a further issuance of the Windstre ...

LITTLE ROCK, Ark., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Chief Revenue Officer, Ron Mudry, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to participate at the Raymond James 2024 TMT & Consumer Conference on December 9-10, 2024 in New York, NY. Any investor materials used will be made available on Uniti’s Investor Relations website at investor.uniti.com under the Events & Presentations tab. ABOUT UNITI Uniti, an ...

LITTLE ROCK, Ark., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to present at the BofA Securities Leveraged Finance Conference. The presentation is scheduled for 9:30 AM EST on December 3, 2024 in Boca Raton, FL. You may access a live webcast of the event on Uniti’s Investor Relations website at ...