Uniti Group Inc. (NASDAQ:UNIT) ended January with a 10.64% gain on Friday, closing at $8.32 per share after raising $960 million through secured fiber network revenue term notes. The notes were secured by fiber network assets in multiple states, benefiting the company’s liquidity and balance sheet. Kinetic ABS Issuer LLC, a subsidiary of Uniti, facilitated the initiative.

Proceeds from the offering will be used for general corporate purposes, capital expenditures, and debt repayment. Additionally, Kinetic secured a $150 million variable funding note facility to support liquidity reserves and cover payment shortfalls as needed. CFO Paul Bullington expressed excitement over the successful completion of the fiber-to-the-home securitization, highlighting strong investor demand and the positive impact on the company’s financial position.

Looking ahead, Uniti Group Inc. (NASDAQ:UNIT) will announce its fourth-quarter and full-year 2025 earnings results on March 2, 2026. While UNIT shows promise as an investment, alternative opportunities in AI stocks with higher return potential and lower downside risk may be worth exploring. Investors seeking AI stocks may benefit from a free report on the best short-term AI stock.

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Read more at Yahoo Finance: Uniti Group (UNIT) Climbs 10.6% on Successful $960-Million Fundraising