Core Viewpoint - Shenandoah Telecommunications Company has successfully refinanced its existing credit facilities, which is expected to lower its cost of debt by approximately 170 basis points, translating to an annual savings of about $10.0 million [1][5]. Refinancing Highlights - Shentel Issuer LLC closed its inaugural offering of $567,405,000 in secured fiber network revenue term notes, which includes $489,142,000 in 5.64% Series 2025-1 Class A-2 term notes and $78,263,000 in 6.03% Series 2025-1 Class B term notes, both maturing in December 2030 [2]. - A revolving $175.0 million variable funding note facility was established, due December 2029, with interest based on the Secured Overnight Financing Rate (SOFR) plus a margin of 1.75% [3]. - A new $175.0 million Revolving Credit Facility was also secured, due December 2030, with interest ranging from SOFR plus 2.50% to 3.00% [4]. Financial Impact - The refinancing is expected to strengthen the company's balance sheet by extending maturities and reducing the cost of capital, thereby providing financial flexibility for ongoing expansion efforts [5]. - The company incurred approximately $15.0 million in upfront transaction fees to complete the refinancing [3]. Company Overview - Shenandoah Telecommunications Company provides broadband services through advanced fiber optic and cable networks across eight states in the eastern United States, offering services such as broadband internet, video, voice, and managed network services [6]. - The company operates an extensive regional network with over 18,000 route miles of fiber [6].

Core Insights - Shenandoah Telecommunications Company (Shentel) is actively participating in industry conferences focused on fiber technology and telecommunications opportunities [1][2]. Company Overview - Shenandoah Telecommunications Company provides broadband services through advanced fiber optic and cable networks across eight contiguous states in the eastern United States [3]. - The company's service offerings include broadband internet, video, voice, high-speed Ethernet, dedicated internet access, dark fiber leasing, and managed network services [3]. - Shentel operates an extensive regional network with over 18,000 route miles of fiber [3]. Conference Participation - Ed McKay, the CEO of Shentel, will participate in the "We're Putting the Band(width) back together: The FTTH Wave Continues" panel on December 8, 2025, at the Raymond James TMT and Consumer Conference in New York [2]. - On December 9, 2025, Ed McKay will also participate in the "FTTH Panel: Framing the Future Opportunity" at the UBS Global Media and Communications Conference in New York [2].

Core Viewpoint - Shenandoah Telecommunications Company (Shentel) has announced the pricing of its inaugural offering of secured fiber network revenue term notes totaling $567.405 million, which will be used to repay existing term loans and for general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of $489.142 million in 5.64% Series 2025-1, Class A-2 term notes and $78.263 million in 6.03% Series 2025-1, Class B term notes, with a weighted average coupon rate of approximately 5.69% [1]. - The anticipated repayment date for the notes is December 2030, and the offering is expected to close on December 5, 2025 [1]. Group 2: Security and Compliance - The notes will be secured by certain fiber network assets and related customer contracts primarily located in Virginia, Ohio, Pennsylvania, Indiana, and Maryland [1]. - The notes will not be registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers under Rule 144A and outside the U.S. in compliance with Regulation S [3]. Group 3: Company Overview - Shenandoah Telecommunications Company provides broadband services through high-speed fiber optic and cable networks to residential and commercial customers across eight contiguous states in the eastern United States [5]. - The company's services include broadband internet, video, voice, high-speed Ethernet, dedicated internet access, dark fiber leasing, and managed network services, supported by an extensive regional network of over 18,000 route miles of fiber [5].

Core Viewpoint - Shenandoah Telecommunications Company (Shentel) is set to release its third quarter 2025 financial results on October 29, 2025, followed by a conference call to discuss the results and business highlights [1]. Company Overview - Shenandoah Telecommunications Company provides broadband services through advanced fiber optic and cable networks to both residential and commercial customers across eight contiguous states in the eastern United States [3]. - The company's service offerings include broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services [3]. - Shentel operates an extensive regional network with over 17,700 route miles of fiber [3].