Zayo Group Holdings Aktie
WKN DE: A12BJD / ISIN: US98919V1052
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18.11.2014 15:10:00
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Zayo Group, LLC -- Moody's says Zayo's debt tender is credit-positive but does not impact B2 rating
New York, November 18, 2014 -- Moody's Investors Service ("Moody's") said Zayo Group, LLC.'s ("Zayo" or "the company") plan to redeem a portion of its existing debt with the proceeds from the initial public offering of its parent, Zayo Group Holdings, Inc. is credit-positive but it does not impact any of its ratings, including the company's B2 corporate family rating. The company intends to redeem $75 million of its 8.125% senior secured notes due 2020 and $174.4 million of its outstanding 10.125% Senior Unsecured Notes due 2020.
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