Uniti group inc. announces extension of its revolving credit facility

Little rock, ark., march 27, 2023 (globe newswire) -- uniti group inc. (“uniti” or the “company”) (nasdaq: unit) today announced that it has entered into an amendment to its credit agreement that, upon receipt of routine regulatory approvals, extends the maturity date of each lender's commitment under the company's senior secured revolving credit facility to september 24, 2027. the amendment also transitions the $500 million revolving credit facility from libor to term sofr, and in connection with that change, sets the credit spread adjustment to ten basis points for all interest periods.
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