Expects to lower cost of debt by approximately 170 basis points1, or $10.0 million annually2Extends maturities to 2030 EDINBURG, Va., Dec. 08, 2025 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or “Company”) (NASDAQ:SHEN) announced the refinancing of its existing credit facilities effective December 5, 2025 (“Closing”). Refinancing Highlights Closed Inaugural $567.4 million Secured Fiber Network Asset Revenue Term Notes due December 2030Raised $175.0 million Variable Funding Note Faci ...

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].