LITTLE ROCK, Ark., June  05, 2026  (GLOBE NEWSWIRE) -- Uniti Group Inc. (the &#34;Company,&#34; &#34;Uniti,&#34; or &#34;we&#34;) (NASDAQ:UNIT) today announced that Kinetic ABS Issuer LLC, a limited-purpose, bankruptcy remote subsidiary of

UNIT

Uniti Group Inc. Announces Pricing of $1.1 Billion Kinetic Fiber Securitization Notes Offering

Uniti Leverages Subsidiary Financing to Extend Liquidity and Support Debt Strategy

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>LITTLE ROCK, Ark., June  05, 2026  (GLOBE NEWSWIRE) -- Uniti Group Inc. (the &amp;#34;Company,&amp;#34; &amp;#34;Uniti,&amp;#34; or &amp;#34;we&amp;#34;) (NASDAQ:UNIT) today announced that Kinetic ABS Issuer LLC, a limited-purpose, bankruptcy remote subsidiary of</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Uniti said its Kinetic ABS Issuer priced $1.141 billion of secured fiber network notes, secured by residential fiber assets across multiple states and maturing in 2033, with a weighted coupon of about 6.18%. Proceeds will be used for general corporate purposes, potentially including capex or debt repayment. The company will increase its liquidity facility and align its maturity with the notes, indicating a shift toward strengthened liquidity and potential leverage management.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Kinetic ABS priced $1.141B secured fiber notes; close July 15, 2026.</li><li>Coupons average 6.18%; collateral across 10 states for residential fiber.</li><li>Proceeds for general corporate use; may fund capex or debt repayment.</li><li>Uniti designates issuer and affiliates as unrestricted subsidiaries under debt agreements.</li><li>Notes not registered; offered to QIBs under Rule 144A/Reg S.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Uniti Group Inc. (UNIT)</strong>: Issuer of the overall debt framework; financing could influence leverage and capital allocation.</li><li><strong>Kinetic ABS Issuer LLC (N/A)</strong>: Bankruptcy-remote subsidiary issuing secured notes; collateralized by residential fiber assets.</li><li><strong>Windstream Holdings, Inc. (WIN)</strong>: Merger-related risks cited in Uniti&#039;s risk factors; potential capital-structure implications.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The issuance reflects a strategic debt financing move by a Uniti affiliate, impacting liquidity and leverage without signaling a current earnings deviation.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Deal increases Uniti&#039;s secured debt via the Kinetic ABS notes.</li><li>Close date targeted for July 15, 2026; near-term liquidity metrics may shift.</li><li>Collateralized by residential fiber assets across 10 states; asset quality matters.</li><li>US registration restrictions limit immediate retail market impact.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Aggregate principal: $1,140,710,000.</li><li>Class A-2: $805,210,000; Class B: $134,200,000; Class C: $201,300,000.</li><li>Weighted average coupon: approximately 6.180%.</li><li>Anticipated repayment date: June 2033.</li><li>Closing date: July 15, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral near-term; debt issuance could pressure leverage metrics unless proceeds are applied to debt reduction within 12 months.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">LITTLE ROCK, Ark., June  05, 2026  (GLOBE NEWSWIRE) -- Uniti Group Inc. (the "Company," "Uniti," or "we") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/UNIT">UNIT</a>) today announced that Kinetic ABS Issuer LLC, a limited-purpose, bankruptcy remote subsidiary of Uniti (the "Issuer"), has priced its offering of $1,140,710,000 aggregate principal amount of secured fiber network revenue term notes, consisting of $805,210,000 5.834% Series 2026-2, Class A-2 term notes, $134,200,000 6.224% Series 2026-2, Class B term notes and $201,300,000 7.536% Series 2026-2, Class C term notes, each with an anticipated repayment date in June 2033 (collectively, the "Notes"). Collectively, the Notes have a weighted average coupon rate of approximately 6.180%. The Notes are expected to be secured by certain residential fiber network assets and related customer agreements in the States of Texas, Arkansas, Kentucky, Ohio, Georgia, Iowa, Alabama, Florida, North Carolina and Oklahoma. Each of the Issuer and its direct parent entity and subsidiaries are designated as "unrestricted subsidiaries" under Uniti's credit agreement and the indentures governing its outstanding senior notes. The offering is expected to close on July 15, 2026.</p>  <p align="justify">In connection with the closing of the offering of the Notes, the Issuer expects to (i) increase the maximum commitment under its existing liquidity funding note facility to reflect the increase in the transaction's liquidity reserve requirements that would result from the issuance of the Notes and (ii) extend the maturity of the existing liquidity note facility to align with the final maturity date of the Notes.</p>  <p align="justify">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.</p>  <p align="justify">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 were 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.</p>  <p align="justify">This press release does not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>  <p align="justify"><strong>ABOUT UNITI</strong></p>  <p align="justify">Uniti is a premier insurgent fiber provider dedicated to enabling mission-critical connectivity across the United States. We build, operate, and deliver fast and reliable communications services, empowering more than a million consumers and businesses in the digital economy. Our broad portfolio of services is offered through a suite of brands: Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions.</p>  <p align="justify"><strong>FORWARD-LOOKING STATEMENTS</strong></p>  <p align="justify">This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future and management's current expectations, involve certain risks and uncertainties, and are not guarantees. These forward-looking statements include, but are not limited to, statements regarding the offering of the Notes and use of proceeds therefrom. The words "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "projects," "will," "would," "predicts" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on the forward-looking statements. Future results may differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that the Company makes. These forward-looking statements involve risks and uncertainties, known and unknown, that could cause events and results to differ materially from those in the forward-looking statements, including, without limitation: the levels of demand for our residential fiber network services within the markets related to the Notes, general market conditions within such markets, our ability to maintain and grow our residential fiber network services within these markets, unanticipated difficulties or expenditures relating to the merger of Uniti and Windstream; competition and overbuilding in consumer service areas and general competition in business markets; risks related to Uniti's indebtedness, which could reduce funds available for business purposes and operational flexibility; rapid changes in technology, which could affect its ability to compete; risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data; risks related to various forms of regulation from the Federal Communications Commission, state regulatory commissions and other government entities and effects of unfavorable legal proceedings, government investigations, and complex and changing laws; risks inherent in the communications industry and associated with general economic conditions; and additional risks set forth in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Uniti's most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings with the U.S. Securities and Exchange Commission. The discussion of such risks is not an indication that any such risks have occurred at the time of this filing. The Company does not assume any obligation to update any forward-looking statements. Uniti expressly disclaims any obligation to release publicly any updates or revisions to any of the forward-looking statements set forth in this press release to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.</p>  <p>INVESTOR CONTACTS:</p>  <p>Paul Bullington, 251-662-1512<br></br>Senior Executive Vice President, Chief Financial Officer &amp; Treasurer<br></br><a href="https://www.globenewswire.com/Tracker?data=Ws8P6Ircz9VUEyuoIB37o7I4aUxq9kD4BSoHoCyu1QgGbo9yYhmYrhudCu-vjG7erBbyxZsbXuswmtFKB8HOdQxRMTJ8K6zPoAecNQJk4dVUZguV-LPGbErlYJdlHPAq" rel="nofollow" target="_blank">paul.bullington@uniti.com</a></p>  <p>Bill DiTullio, 501-850-0872<br></br>Senior Vice President, Investor Relations &amp; Treasury<br></br><a href="https://www.globenewswire.com/Tracker?data=VZ7rRrhNPZOIx6_iPTTv3u_BSAl9pbah2W8A-CYsgAidOSdH483XZNdboQlRcyd7FsP-f9hwWs9_u1S6PP1gQEz4RKZm4DDh_uAmPXcUDtckoET_RpdSiaJSsSgiv03f" rel="nofollow" target="_blank">bill.ditullio@uniti.com</a></p>  <p>MEDIA CONTACTS:</p>  <p>Scott L. Morris<br></br>Associate Director, Media &amp; External Communications<br></br>501-580-4759<br></br><a href="https://www.globenewswire.com/Tracker?data=O8meF_dFgJG-KkqI-XEW1gavQ-jRQDQRG5-F8SyUeyxn-wbI4spaI0E7pp4Yp2U_2h61ETmSJvMzr_i1X1OodtC3kt-LbLA8MmvcCaO_aCVIBpr4dm22FEyNwH77Ki5I" rel="nofollow" target="_blank">scott.l.morris@uniti.com</a></p>  <p>Brandi Stafford<br></br>Vice President, Corporate Communications<br></br>501-351-0067<br></br><a href="https://www.globenewswire.com/Tracker?data=kzRnQaAL44z4owF4bG7zIODzzyRE6xduvcDoLn_qjvMW_uYrxGC2V9I3x4echcDWLRtjBNkrooQKCdWpYwFsyz4q9DsAtC9ifNST5t_pa1Lq_WF3PqQMDc_mAz8CdtDf" rel="nofollow" target="_blank">brandi.stafford@uniti.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTczMjcxNyM3NjM4OTY5IzIwMTczNzg="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/NDI0MGM4MzAtNmYwZi00Y2RkLWIwYmEtNWIzNzA0ZmJlMzQ0LTEwMjg5NTEtMjAyNi0wNi0wNS1lbg==/tiny/Uniti-Group-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/a164c9c4-3fc3-43ff-8f46-16fd92f5f744"><img src="https://ml.globenewswire.com/media/a164c9c4-3fc3-43ff-8f46-16fd92f5f744/small/png-rgb-2c-blue-black-uniti-corporate-logo-png.png" border="0" width="150" height="42" alt="Primary Logo"></img></a></p>

Uniti said its Kinetic ABS Issuer priced $1.141 billion of secured fiber network notes, secured by residential fiber assets across multiple states and maturing in 2033, with a weighted coupon of about 6.18%. Proceeds will be used for general corporate purposes, potentially including capex or debt repayment. The company will increase its liquidity facility and align its maturity with the notes, indicating a shift toward strengthened liquidity and potential leverage management.

Uniti Group Inc. Announces Pricing of $1.1 Billion Kinetic Fiber Securitization Notes Offering

AI Summary

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Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

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