Uniti Group Inc. Announces $500M Debt Repayment Plan, Term Loan Prepayment & Asset Sale Offers

What Happened
Uniti Group Inc. announced that proceeds from a July 15, 2026 private offering by its subsidiary Kinetic ABS Issuer LLC ($1.1 billion of secured fiber network revenue term notes) will fund reinvestments and—importantly—$500 million of net cash proceeds intended to repay the Company’s senior secured indebtedness. On July 23, 2026, Uniti Services LLC issued a prepayment notice to repay up to $167,791,000 of its senior secured term loan due 2032 on July 30, 2026. At the same time, Uniti Services, Uniti Group Finance 2019 Inc. and CSL Capital, LLC launched asset sale offers to purchase up to $332,209,000 aggregate principal of the 4.750% Senior Secured Notes due 2028 and 7.500% Senior Secured Notes due 2033. The Asset Sale Offers expire at 5:00 p.m. (NY time) on August 20, 2026, unless extended.

Key Details

• Kinetic ABS Issuer LLC completed a $1.1 billion private offering on July 15, 2026 (secured fiber network revenue term notes).
• Uniti intends to use $500 million of net cash proceeds from that asset sale to repay senior secured indebtedness.
• Uniti Services issued a prepayment notice on July 23, 2026 to prepay up to $167,791,000 of the Term Loan on July 30, 2026.
• Issuers launched Asset Sale Offers on July 23, 2026 to buy up to $332,209,000 of 2028 and 2033 Notes; if some term loan lenders decline prepayment, the Maximum Offer Amount may be increased by the declined amount.

Why It Matters
These actions are a coordinated use of proceeds to reduce secured debt on Uniti’s balance sheet and to manage outstanding secured notes and the 2032 term loan. For investors, this may affect the company’s leverage profile and the outstanding amounts of secured notes if holders tender their notes. Noteholders eligible to participate should review the offer documents (available from the tender agent, Sodali & Co.) and the stated deadlines; this 8‑K does not constitute a solicitation or an offer to buy or sell securities.