Uniti Group completes $1.14 billion fiber network note offering in securitization
On July 15, 2026, Uniti Group subsidiary Kinetic ABS Issuer LLC completed a private offering of $1,140,710,000 in secured fiber network revenue term notes, the second issuance in its fiber-to-the-home securitization program. The company says it intends to use the net proceeds for general corporate purposes, which may include success-based capital expenditures and/or repaying debt.
Key points
- Class A-2 notes $805,210,000 at 5.834%, Class B $134,200,000 at 6.224%, Class C $201,300,000 at 7.536%
- Notes issued at 100% of principal, with an anticipated repayment date in June 2033 and a legal final maturity in June 2058
- Interest is payable monthly on the 25th, starting August 25, 2026
- About $91,081,390 is held in a prefunding account for Oklahoma assets pending regulatory approvals; if those sales do not close by July 30, 2027, the funds prepay the notes
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 July 17, 2026.
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.