Shentel Secures $917 Million in New Credit Facilities and Refinances Existing Debt

Reuters2025-12-11

Shentel Secures $917 Million in New Credit Facilities and Refinances Existing Debt

Shenandoah Telecommunications Company (Shentel) has completed a major refinancing of its credit facilities, securing a new $567.4 million secured fiber network asset revenue term notes due December 2030, a $175 million variable funding note facility due December 2029, and a $175 million revolving credit facility due December 2030. The refinancing is expected to reduce Shentel's annual debt costs by approximately $10 million and extends debt maturities to 2030. The new facilities are secured by fiber network assets and related customer contracts across several states, and replace $585.4 million in previous term and revolving credit loans that were due to mature in July 2028.

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. Shentel - Shenandoah Telecommunications Co. 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: 0001171843-25-007857), on December 10, 2025, and is solely responsible for the information contained therein.

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