Uniti Group Inc. Announces Exchange Date for 7.125% Senior Notes due 2024
July 21 2017 - 04:15PM
In connection with the July 3, 2017 closing of the acquisition of
Southern Light LLC, Uniti Group Inc. (“Uniti”) (NASDAQ:UNIT)
announced today, on behalf of its subsidiaries Uniti Group LP,
Uniti Fiber Holdings Inc. and CSL Capital, LLC (together, the
“Issuers”), the mandatory exchange date of the Issuers’ 7.125%
Senior Notes due 2024 (the “Notes”) issued pursuant to the
indenture dated May 8, 2017, as amended and supplemented as of the
date hereof (the “Indenture”), among the Issuers, the guarantors
party thereto and Wells Fargo Bank, National Association (the
“Trustee”). Pursuant to the Indenture, the Notes will be exchanged
for 7.125% Senior Notes due 2024 issued as “additional notes” under
the indenture dated December 15, 2016, as amended and supplemented
as of the date hereof (the “2016 Indenture”), among the Issuers,
the guarantors party thereto and the Trustee. The additional notes
will be part of the same series as the existing 7.125% Senior Notes
due 2024 issued under the 2016 Indenture and will have the same
CUSIP numbers as, and be fungible with, the notes issued under the
2016 Indenture. The date of the mandatory exchange will be August
11, 2017. No action or consent by the holders of the Notes is
necessary to effect the mandatory exchange.
This news release does not constitute notice of the exchange of
the Notes. Holders of the Notes should refer to the notice of
exchange to be delivered to the registered holders of the Notes by
the Trustee.
ABOUT UNITI
Uniti, an internally managed real estate investment trust, is
engaged in the acquisition and construction of mission critical
communications infrastructure, and is a leading provider of
wireless infrastructure solutions for the communications
industry. As of July 3, 2017, Uniti owns 4.8 million fiber
strand miles, 644 wireless towers, and other communications real
estate throughout the United States and Mexico. Additional
information about Uniti can be found on its website at
www.uniti.com.
INVESTOR AND MEDIA CONTACTS:
Mark A. Wallace, 501-850-0866
Executive Vice President, Chief Financial Officer & Treasurer
mark.wallace@uniti.com
Jim Volk, 501-850-0872
Vice President, Finance & Investor Relations
jim.volk@uniti.com
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