Optimum Communications unit Lightpath Fiber Issuer prices USD 1.66 billion secured fiber network revenue notes securitization
Optimum Communications, Inc. Class A OPTU | 1.37 | +3.01% |
Lightpath Fiber Issuer, an indirect subsidiary of Optimum Communications, completed a securitization financing transaction and issued USD 1.66 billion of Secured Fiber Network Revenue Notes, Series 2026-1. The issuance consisted of USD 1.53 billion of Class A-2 notes and USD 0.13 billion of Class B notes. The Class A-2 notes carry a 6% interest rate, while the Class B notes carry a 6% interest rate. The notes are secured by substantially all of the securitized fiber network assets and related customer contracts in several Northeast and Mid-Atlantic markets.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Optimum Communications Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-024969), on March 09, 2026, and is solely responsible for the information contained therein.
