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BRIEF-Uniti Group Says Expects EBITDA For H2 FY20 To Be In A Range Of $18.5 Mln - $19.5 Mln

Published 15/06/2020, 11:29 am
© Reuters.
UWL
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June 15 (Reuters) - Uniti Group Ltd UWL.AX :

* EXPECTS EBITDA FOR H2 FY20 TO BE IN A RANGE OF $18.5 MILLION - $19.5 MILLION

* EXPECTS ANNUALISED RUN-RATE EBITDA AS AT JUNE 2020 OF BETWEEN $40.5 MILLION - $41.5 MILLION

* UNITI TO FUND CONSIDERATION FOR OPTICOMM ACQUISITION VIA $270 MILLION ENTITLEMENT OFFER

* TO FUND OPTICOMM ACQUISITION VIA A NEW 3 YEAR $150 MILLION DEBT FACILITY

* TO FUND OPTICOMM ACQUISITION VIA ISSUANCE OF ABOUT 84 MILLION UNITI SHARES TO OPTICOMM SHAREHOLDERS

* ABOUT 192.9 MILLION NEW UNITI SHARES TO BE ISSUED UNDER ENTITLEMENT OFFER AT $1.40/NEW SHARE

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