Real Estate News

Uniti Group Inc. Announces Completion of New ABS Bridge Facility and Recent Asset Sales

LITTLE ROCK, Ark., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today that Uniti Fiber Bridge Borrower LLC ( the “ABS Borrower”), an indirect, bankruptcy remote subsidiary of the Company, has entered into a Bridge Loan and Security Agreement for up to $350 million of borrowings pursuant to a multi-draw term loan facility (the “Facility”).

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