Categories: Web and IT News

Zayo to Initiate Amend and Extend Transaction to Strengthen Financial Position, Accelerate Growth and Invest in Network Expansion

Enters Into Transaction Support Agreement with Existing Creditors That Extends Maturities, Providing Financial Flexibility to Advance Strategic Plans

Zayo, a leading communications infrastructure provider, announced it has entered into a transaction support agreement (“TSA”), dated as of July 22, 2025, with creditors holding collectively over 95% of outstanding Term Loans, Secured Notes, and Unsecured Notes issued by Zayo Group Holdings, Inc. to amend certain terms and extend maturities to 2030. To implement the transactions contemplated by the TSA, Zayo will commence a series of exchange offers with respect to these debt instruments subject to finalization of the definitive documentation.

Marketing Technology News: MarTech Interview with Žilvinas Lešinskas, VP of Product @ Omnisend

The transactions contemplated by the TSA provide increased financial flexibility to support Zayo’s continued investment in its network to meet growing customer demand driven by AI.

Marketing Technology News: The AI Impact on Marketing Teams and Marketing Jobs

Jeff Noto, Chief Financial Officer at Zayo, said of the transaction:

“We are making important progress executing on our strategic plans and positioning Zayo as a leader in delivering purpose-built long-haul routes that are critical to the next generation of AI-enabled technologies. Building on our pending Crown Castle Fiber acquisition, the steps we are taking will strengthen our financial position and support our ability to meet the accelerating demand for critical fiber infrastructure in the AI age. With flexibility to pursue future alternative sources of financing, such as asset-backed securitization and project financing, we’ll be better able to invest in network growth and support our customers’ growing connectivity needs. We appreciate the support of our lenders and other financial stakeholders and look forward to solidifying our position in the digital infrastructure economy for years to come.”

awnewsor

Recent Posts

Europe’s Quiet Purge of WhatsApp: Civil Servants Shift to Sovereign Messengers Amid Spy Fears

European bureaucrats once tapped out urgent notes on WhatsApp and Signal. No more. Governments across…

14 hours ago

Europe’s Jet Fuel Clock Ticks Down: Six Weeks to Chaos Amid Iran War Blockade

Europe stares down a fuel abyss. Fatih Birol, head of the International Energy Agency, laid…

14 hours ago

Beer Keg Powerhouse: The 1,000-HP Electric Motor Redefining Aviation Propulsion Limits

A compact electric motor roughly the size of a 12.5 kg gas cylinder now delivers…

14 hours ago

Big Banks’ Surprise Profit Surge Signals U.S. Consumer Defiance Amid Oil Shock and Iran Tensions

Bank of America kicked off a wave of strong results from the nation’s largest lenders.…

14 hours ago

CarMax’s Price Slash Gamble: Volume Surge at Margin’s Expense Fuels Investor Backlash

CarMax swung to a $120.7 million net loss in its fiscal fourth quarter, a stark…

14 hours ago

NPR’s $113 Million Lifeline: Ballmer’s Gift Fuels Digital Pivot After Federal Purge

National Public Radio snagged $113 million in private donations this week, a cash infusion headlined…

14 hours ago

This website uses cookies.