Front Range BidCo, Inc. Announces Early Results of its Cash Tender Offers and Related Consent Solicitations for 6.00% Senior Notes due 2023, 6.375% Senior Notes due 2025 and 5.750% Senior Notes due 2027 of Zayo Group, LLC and Zayo Capital, Inc.
BOULDER, Colo.--(BUSINESS WIRE)--Front Range BidCo, Inc. (the “Company”) announced today that, as of 5:00 p.m., New York City time, on January 31, 2020 (the "Early Tender Date"), as reported by the information and tender agent, in connection with the Company’s previously announced cash tender offers (the “Offers”) and related consent solicitations (the “Consent Solicitations”) in respect of any and all outstanding 6.00% Senior Notes due 2023 (the “2023 Notes”), 6.375% Senior Notes due 2025 (the “2025 Notes”) and 5.750% Senior Notes due 2027 (the “2027 Notes,” and together with the 2023 Notes and 2025 Notes, the “Notes”), each co-issued by Zayo Group, LLC and Zayo Capital, Inc. (together, the “Co-Issuers”), it had received tenders and consents from holders of (i) approximately $1,279,830,000 aggregate principal amount, or 89.50%, of the outstanding 2023 Notes, (ii) approximately $862,783,000 aggregate principal amount, or 95.86%, of the outstanding 2025 Notes, and (iii) approximately $1,615,115,000 aggregate principal amount, or 97.89%, of the outstanding 2027 Notes.