Uniti Prices $600 Million Debt Offering

MT Newswires Live
10 Jun

Uniti Group (UNIT) said late Monday its subsidiaries have priced an offering of $600 million worth of 8.625% senior unsecured notes due 2032 at an issue price of 100%.

The offering is expected to close on June 24, the company said.

The company and its subsidiaries intend to use the net proceeds to pay down other debt and for general corporate purposes.

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