04:39 PM EST, 01/30/2026 (MT Newswires) -- Uniti Group ( UNIT ) said late Friday that its limited-purpose, bankruptcy remote unit, Kinetic ABS Issuer, has completed an inaugural offering of $960.1 million of secured fiber network revenue term notes.

The notes have an expected repayment date in February 2031, the company said.

In connection with this offering, Kinetic ABS has entered into a $150 million variable funding note facility, as well as a liquidity funding note facility to cover any payment shortfalls, the company said.

Uniti intends to use the net proceeds for general corporate purposes, which may include capital spending and repayment of outstanding debt.