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Published on 10/20/2023 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

Fitch assigns B to Uniti convertibles

Fitch Ratings said it assigned B/RR5 ratings to Uniti Group Inc.’s $306.5 million of 7.5% unsecured convertible notes due in 2027.

Concurrently, the agency affirmed its ratings for Uniti Group, Uniti Group LP and Uniti Fiber Holdings Inc. and their debt including the senior secured debt of Uniti Group LP at BB+/RR1 and the senior unsecured debt of Uniti Group LP and Uniti Fiber Holdings Inc. at B/RR5.

The outlook is stable.


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