Zayo Group, LLC Upsizes and Prices $550 Million Senior Notes Offering

BOULDER, Colo.–()–Zayo Group, LLC (“Zayo”), a subsidiary of Zayo Group Holdings, Inc. (NYSE:ZAYO) and worldwide supplier of communications infrastructure providers, introduced in the present day that it has priced its beforehand introduced personal providing of its 5.750% Senior Notes due 2027 (the “2027 Senior Notes”), by means of an add-on to its current subject, and upsized the providing from $500 million to $550 million combination principal quantity. The providing was performed pursuant to Rule 144A and Regulation S underneath the Securities Act of 1933, as amended (the “Securities Act”), and is anticipated to shut on or about April 10, 2017, topic to the satisfaction of assorted customary closing situations.

Zayo intends to make use of the web proceeds from the 2027 Senior Notes providing to partially repay its excellent $1.35 billion tranche and $650 million tranche of time period loans, every maturing on January 19, 2024, on a professional rata foundation.

The 2027 Senior Notes haven’t been registered underneath the Securities Act and are being supplied and bought within the United States solely to certified institutional patrons in reliance on Rule 144A underneath the Securities Act and to sure non-U.S. individuals in transactions outdoors the United States in reliance on Regulation S underneath the Securities Act.

This press launch doesn’t represent a proposal to promote or the solicitation of a proposal to purchase any securities nor shall there be any provide, solicitation or sale in any state or jurisdiction through which such a proposal, solicitation or sale could be illegal. This press launch incorporates “forward-looking statements” throughout the which means of the Private Securities Litigation Reform Act of 1995. These embrace, however should not restricted to, statements concerning Zayo’s plans, intentions and expectations. Such statements are inherently topic to quite a lot of dangers and uncertainties that might trigger precise outcomes to vary materially from these projected. These dangers embrace, however should not restricted to, market situations and different components that might have an effect on Zayo’s skill to finish the proposed debt providing. A extra intensive dialogue of the chance components that might impression these areas and Zayo’s total enterprise and monetary efficiency might be present in Zayo’s stories and different filings filed with the Securities and Exchange Commission. Given these considerations, buyers and analysts shouldn’t place undue reliance on forward-looking statements.

About Zayo Group

Zayo Group Holdings, Inc. (NYSE: ZAYO) gives communications infrastructure providers, together with fiber and bandwidth connectivity, colocation and cloud infrastructure to the world’s main companies. Customers embrace wi-fi and wireline carriers, media and content material corporations and finance, healthcare and different giant enterprises. Zayo’s 126,000-mile community in North America and Europe consists of intensive metro connectivity to hundreds of buildings and knowledge facilities. In addition to high-capacity darkish fiber, wavelength, Ethernet and different connectivity options, Zayo gives colocation and cloud infrastructure in its carrier-neutral knowledge facilities. Zayo gives shoppers with versatile, custom-made options and self-service by means of Tranzact, an revolutionary on-line platform for managing and buying bandwidth and providers.