Uniti Group Inc. Announces Launch of Fiber Securitization Notes Offering (Form 8-K)

Uniti Group Inc. Announces Launch of Fiber Securitization Notes Offering

Uniti's Second Fiber Securitization in 2025

LITTLE ROCK, Ark. - Uniti Group Inc. (the "Company," "Uniti," or "we") (Nasdaq: UNIT) today announced that Uniti Fiber ABS Issuer LLC and Uniti Fiber TRS Issuer LLC, limited-purpose, bankruptcy remote subsidiaries of Uniti (collectively, the "Issuers"), have commenced an offering of $250,000,000 aggregate principal amount of secured fiber network revenue term notes (the "Notes"), subject to market conditions and other factors. The Notes will have an anticipated repayment date in January 2031. The Notes will be secured by certain fiber network assets and related customer contracts in the States of Alabama, Florida, Georgia, Louisiana, Mississippi and South Carolina.

In connection with the offering of the Notes, the Issuers expect to enter into a commitment for a $75,000,000 variable funding note facility with a delayed draw feature, subject to leverage tests and other customary drawing conditions. The variable funding notes will be governed by the same indenture that will govern the Notes.

Uniti intends to use the net proceeds of the offering of the Notes for general corporate purposes, which may include success-based capital expenditures and/or repayment of outstanding debt.

The Notes will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act or any applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and outside the United States in compliance with Regulation S under the Securities Act.