10:47 AM EST, 11/17/2025 (MT Newswires) -- Shenandoah Telecommunications ( SHEN ) said Monday that its subsidiary, Shentel Issuer, has launched a $567.4 million secured fiber network revenue term notes offering.

The notes will have an expected repayment date in December 2030, and will be secured by certain fiber network assets and related customer contracts, the company said.

The broadband services company said it intends to use the net proceeds from the offering to repay its existing term loans, and for general corporate purposes.

Shares of Shenandoah Telecommunications ( SHEN ) were down nearly 3% in recent Monday trading.

Price: 10.07, Change: -0.28, Percent Change: -2.71