Uniti completes $1.4 billion notes sale to redeem 2028 secured notes
Uniti subsidiary Windstream Services completed a $1.4 billion offering of 7.500% senior secured notes due 2033 and used the proceeds, with a new $1.0 billion term loan, to redeem its 10.50% notes due 2028. Separately, Uniti announced a $250 million fiber securitization offering, and the filing shows the company is refinancing its debt and extending credit facility maturities to December 30, 2027, subject to regulatory approvals.
Key points
- $1.4 billion of 7.500% senior secured notes due October 15, 2033 were issued at 100% of principal.
- The proceeds, plus a new $1.0 billion seven-year term loan, funded full redemption of the 10.50% notes due 2028.
- Revolving facility maturities under the legacy Windstream and Uniti credit agreements extended to December 30, 2027, subject to regulatory approvals.
- A $250 million fiber network revenue term notes offering was announced, with a $75 million variable funding note facility expected.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 06, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.