Front Range BidCo, Inc. Commences 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 it has commenced cash tender offers for any and all of the 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 (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”), upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement, dated the date hereof (as it may be amended or supplemented from time to time, the “Statement”), and in the related Consent and Letter of Transmittal (as it may be amended or supplemented from time to time, and collectively with the Statement, the “Offer Documents”) (each offer to purchase a series of Notes, an “Offer” and collectively, the “Offers”). In connection with the Offers, and on the terms and subject to the conditions set forth in the Offer Documents, the Company is soliciting consents of holders of each series of Notes (collectively, the “Consent Solicitations”) to authorize the elimination of substantially all of the restrictive covenants, certain reporting obligations, certain events of default and related provisions contained in the applicable indenture governing such Notes (the “Proposed Amendments”). Holders may not tender their Notes without delivering their consents to the Proposed Amendments and may not deliver consents to the Proposed Amendments without tendering their related Notes. A valid withdrawal of tendered Notes at or before the Withdrawal Deadline (as defined hereinafter) will constitute the valid revocation of consents.