Uniti group announces launch of senior secured notes offering

Uniti group inc. announces launch of senior secured notes offering.uniti group inc - co's units have commenced an offering of $1.75 billion aggregate principal amount of senior secured notes due 2025.uniti group inc - issuers intend to use net proceeds from offering to repay $1.65 billion of outstanding borrowings under uniti's term loan facility.uniti group - issuers also intend to use net proceeds from offering to repay $56.7 million of outstanding borrowings under co's revolving credit facility.
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