31.03.2016 18:23:00
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Zayo Group, LLC -- Moody's changes Zayo's outlook to positive, rates new notes Caa1
New York, March 31, 2016 -- Moody's Investors Service, ("Moody's") has changed the ratings outlook for Zayo to positive from stable based on its improved fundamental credit profile and assigned a Caa1 (LGD5) rating to Zayo Group LLC's ("Zayo") proposed $350 million senior unsecured notes offering. Moody's has also affirmed Zayo's B2 corporate family rating (CFR), B2-PD probability of default rating, SGL-1 speculative grade liquidity rating, Caa1 (LGD5) unsecured debt rating and Ba2 (LGD2) senior secured debt rating.