Uniti Group conditionally calls 6% senior secured notes due 2023

By Marisa Wong

Los Angeles, April 6 – Uniti Group Inc. intends to redeem in full its outstanding 6% senior secured notes due 2023 using proceeds from an offering of new senior secured notes due 2028, according to a press release.

The redemption is conditioned on the company completing one or more debt financings in an aggregate principal amount of at least $570 million.

Uniti is a real estate investment trust based in Little Rock, Ark.

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