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Zayo Group To Offer $700 Mln Through Offering Of Senior Notes Due 2023

Zayo Group, LLC, a subsidiary of Zayo Group Holdings, Inc. (ZAYO) and international provider of Bandwidth Infrastructure services, said it plans to offer $700 million through an offering of Senior Notes due 2023, subject to market and other conditions.

Zayo intends to use the net proceeds from the offering to fund the purchase price to be paid in connection with Zayo's pending acquisition of Latisys, which was previously announced on January 14, 2015.

by RTTNews Staff Writer

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