Core Viewpoint - Uniti Group Inc. has successfully completed a $589 million fiber securitization notes offering, which will be used to strengthen its balance sheet and lower its cost of capital [5]. Group 1: Securitization Notes Offering - The offering consists of $426 million in 5.9% Series 2025-1 Class A-2 term notes, $65 million in 6.4% Series 2025-1 Class B term notes, and $98 million in 9.0% Series 2025-1 Class C term notes, with an anticipated repayment date in April 2030 [1]. - The Series 2025-1 Term Notes have a weighted average yield of approximately 6.5% and are secured by fiber network assets and related customer contracts in Florida and the Gulf Coast region [1]. Group 2: Use of Proceeds - A portion of the net proceeds will be used to repay and terminate the existing ABS bridge facility, while the remainder will fund the partial redemption of $125 million of 10.50% senior secured notes due 2028 [3]. - The company issued a notice of redemption for $125 million of its outstanding 2028 Notes, which will be redeemed on February 14, 2025, at a price of 103% of the principal amount plus accrued interest [4]. Group 3: Company Overview - Uniti Group Inc. is an internally managed real estate investment trust engaged in the acquisition and construction of critical communications infrastructure, owning approximately 144,000 fiber route miles and 8.7 million fiber strand miles across the United States as of September 30, 2024 [7].

Core Insights - The author emphasizes a long-term investment approach, focusing on owning stocks for years rather than short-term price predictions [1] - The investment strategy has evolved to a simplified "Buy or Don't Buy" framework, moving away from issuing Sell ratings [1] Group 1 - The author began investing in 2020 as a value investor, aiming to understand business fundamentals and acquire shares at attractive prices [1] - From May 2022 to May 2023, the author worked as an investment advisory representative at Fidelity Investments [1] - The current self-employed status allows for a more personal investment philosophy, treating articles as letters to a future self for continuous improvement [1] Group 2 - As of March 2024, the author has not issued a Strong Buy rating for any security, indicating a cautious approach to investment recommendations [1] - The articles will primarily focus on Buy or Hold recommendations moving forward, reflecting a shift in the author's investment philosophy [1]

Company Announcement - Uniti Group Inc. will report its fourth quarter and full year 2024 financial results on February 21, 2025, before the market opens [1] - A conference call to discuss the earnings will take place on the same day at 8:30 AM Eastern Time [1] Conference Call Details - The conference call will be available via live webcast on Uniti's Investor Relations website [2] - Interested parties can register for telephone participation on the Investor Relations website [2] - A replay of the call will also be accessible on the Investor Relations website [2] Company Overview - Uniti is an internally managed real estate investment trust focused on acquiring and constructing mission-critical communications infrastructure [3] - The company is a leading provider of fiber and wireless solutions for the communications industry [3] - As of September 30, 2024, Uniti owns approximately 144,000 fiber route miles and 8.7 million fiber strand miles across the United States [3]

Core Points - Uniti Group Inc. announced the tax treatment of its 2024 distributions, detailing the federal income tax implications for its common shares [1] - The total distribution per share for 2024 is $0.4500, with ordinary dividends accounting for $0.3882 and capital gains of $0.0378 [1] - The company is a real estate investment trust focused on mission-critical communications infrastructure, owning approximately 144,000 fiber route miles and 8.7 million fiber strand miles as of September 30, 2024 [2] Distribution Details - For the record date of December 15, 2023, the payment date is January 4, 2024, with a distribution of $0.1500 per share, including $0.1294 as ordinary dividend and $0.0126 as capital gain [1] - Similar distributions of $0.1500 per share are scheduled for March 28, 2024, and June 14, 2024, with the same breakdown of ordinary dividends and capital gains [1] - Each distribution includes $0.0273 treated as Section 897 Ordinary Dividends and $0.0126 as Section 897 Capital Gains, which will be reported on Form 1099-DIV [1] Company Overview - Uniti is engaged in the acquisition and construction of communications infrastructure and is a leading provider of fiber and wireless solutions [2] - The company operates throughout the United States, focusing on expanding its fiber network and other communications real estate [2]

Core Viewpoint - Uniti Group Inc. has secured a 20-year contract to construct over 130 route miles of fiber and conduit systems connecting Montgomery, AL, to Cuba, AL, indicating strong demand for its infrastructure solutions in the hyperscale market [1][3]. Group 1: Contract Details - The new infrastructure will connect key data center locations and provide diverse paths to existing north-south long-haul routes, enhancing Uniti's service offerings [2]. - The contract was executed in Q4 2024, with plans to deliver the fiber routes to the customer by 2026 [3]. Group 2: Market Demand - The company is experiencing momentum in the hyperscale space, with customers increasingly seeking multiple fiber paths for network redundancy [3]. - The contract reflects the ongoing strong demand for customized infrastructure solutions within the hyperscale sector [3]. Group 3: Company Overview - Uniti is an internally managed real estate investment trust focused on acquiring and constructing critical communications infrastructure, owning approximately 144,000 fiber route miles and 8.7 million fiber strand miles as of September 30, 2024 [8].

Core Viewpoint - Uniti Group Inc. has announced the pricing of $589 million in secured fiber network revenue term notes, which will be used for debt repayment and general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of three classes of term notes: $426 million in 5.9% Series 2025-1 Class A-2 notes, $65 million in 6.4% Series 2025-1 Class B notes, and $98 million in 9.0% Series 2025-1 Class C notes, with an anticipated repayment date in April 2030 [1]. - The weighted average yield of the notes is approximately 6.5% [1]. - The notes will be secured by fiber network assets and related customer contracts in Florida and the Gulf Coast region of Louisiana, Mississippi, and Alabama [1]. Group 2: 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 capital investments and/or repayment of outstanding debt [2]. Group 3: Company Overview - Uniti Group Inc. is an internally managed real estate investment trust focused on acquiring and constructing critical communications infrastructure, providing fiber and wireless solutions [5]. - As of September 30, 2024, Uniti owns approximately 144,000 fiber route miles and 8.7 million fiber strand miles across the United States [5].

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]

Core Viewpoint - Uniti Group Inc. announced the pricing of $1.4 billion in additional 8.250% Senior First Lien Notes due 2031, which will be used to redeem existing senior notes and is expected to close on December 23, 2024 [1][2]. Group 1: Financial Details - The net proceeds from the offering will be used to redeem all $1.4 billion of Windstream's 7.750% senior first lien notes due 2028 at a redemption price of 101.938% [2]. - The refinancing is intended to be leverage neutral, meaning it will not increase the overall debt levels of Windstream [2]. Group 2: Management Commentary - Paul Bullington, CFO of Uniti, expressed satisfaction with the refinancing outcome, highlighting that it extends Windstream's debt maturity profile in a cash flow efficient manner [3]. - The company aims to continue finding efficient ways to strengthen its balance sheet by extending debt maturities and lowering interest expenses [3]. Group 3: Company Overview - Uniti is an internally managed real estate investment trust focused on acquiring and constructing critical communications infrastructure, owning approximately 144,000 fiber route miles and 8.7 million fiber strand miles across the U.S. as of September 30, 2024 [5].

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 ...