Shenandoah Telecommunications Company Reveals Pricing for $567.4 Million First Fiber Network Asset Securitization Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2025
0mins
Source: Newsfilter
Shentel's Inaugural Offering: Shenandoah Telecommunications Company announced the pricing of $567.4 million in secured fiber network revenue term notes, which include Class A-2 and Class B notes, with an expected closing date of December 5, 2025.
Use of Proceeds: The net proceeds from the offering will be utilized to repay existing term loans and for general corporate purposes.
Regulatory Compliance: The notes will not be registered under the Securities Act and will only be offered to qualified institutional buyers, adhering to specific regulations.
Company Overview: Shentel provides broadband services across eight states in the eastern U.S., operating an extensive fiber network and offering various services including internet, video, and managed network services.
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Analyst Views on SHEN
Wall Street analysts forecast SHEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SHEN is 26.00 USD with a low forecast of 26.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 11.040
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26.00
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26.00
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26.00
Current: 11.040
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26.00
Averages
26.00
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26.00
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About SHEN
Shenandoah Telecommunications Company provides broadband services through its high speed, fiber optic and cable networks to residential and commercial customers in eight contiguous states in the eastern United States. Its services include broadband Internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services. The Company owns an extensive regional network with over 16,800 route miles of fiber. It provides broadband Internet, video and voice services to residential and commercial customers via fiber optics under the brand name of Glo Fiber and hybrid fiber coaxial cable under the brand name of Shentel. It also leases dark fiber and wavelength fiber optic services to enterprise and wholesale customers throughout the entirety of its service area under the brand name of Glo Fiber Business. Its broadband business also provides voice and DSL telephone services as a Rural Local Exchange Carrier (RLEC) to customers in Shenandoah County and other counties.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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