CYRUSONE INC. (NASDAQ:CONE) Files An 8-K Results of Operations and Financial Condition

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CYRUSONE INC. (NASDAQ:CONE) Files An 8-K Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition

On February 22, 2017, CyrusOne Inc. issued a press release
announcing financial results and supplemental information for the
fourth quarter and full year ended December 31, 2016. A copy of
the press release and supplemental information is furnished
herewith as Exhibit 99.1.
Item 7.01 Regulation FD Disclosure
During a webcast scheduled to be held at 11:00 a.m. Eastern time
on February 23, 2017, Gary J. Wojtaszek, the Companys president
and chief executive officer, and Diane M. Morefield, the Companys
chief financial officer, will discuss the Companys fourth quarter
2016 results and outlook for 2017. The slide presentation for the
webcast will be available on the investors page of the Companys
website. To access the webcast and corresponding slide
presentation, go to the investors page at
http://investor.cyrusone.com/index.cfm. An audio replay of the
webcast will also be available on the investors page at
http://investor.cyrusone.com/index.cfm.
The information in Items 2.02 and 7.01 of this Current Report on
Form 8-K and the exhibits furnished therewith shall not be deemed
filed for purposes of Section 18 of the Securities Exchange Act
of 1934 or otherwise subject to the liabilities of that Section,
and shall not be or be deemed to be incorporated by reference in
any filing under the Securities Act of 1933 or the Securities
Exchange Act of 1934, regardless of any general incorporation
language in such filing.
Item 8.01 Other Events
On February 22, 2017, the Company notified Goldman, Sachs Co.
that it has elected full physical settlement of the previously
announced forward sale agreements entered into by the Company on
August 10, 2016 relating to, in the aggregate, 4,420,000 shares
of the Companys common stock. The Company expects settlement to
occur on February 27, 2017. Upon settlement, the Company expects
to issue and sell 4,420,000 shares of its common stock to
Goldman, Sachs Co., in its capacity as forward purchaser, in
exchange for net proceeds of approximately $211 million, in
accordance with the provisions of the forward sales agreements.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit No.
Description
99.1
Press Release dated February 22, 2017


About CYRUSONE INC. (NASDAQ:CONE)

CyrusOne Inc. is a real estate investment trust. The Company is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Company’s data centers are generally purpose-built facilities with redundant power and cooling. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within the CyrusOne footprint and beyond. The Company has data centers in the United States, London and Singapore. The Company provides mission-critical data center facilities that protect and ensure the continued operation of information technology (IT) infrastructure for approximately 930 customers in over 30 data centers and approximately two recovery centers in over 10 distinct markets, collectively providing approximately 2,954,000 net rentable square feet (NRSF). The Company provides round the clock security guard monitoring with customizable security features.

CYRUSONE INC. (NASDAQ:CONE) Recent Trading Information

CYRUSONE INC. (NASDAQ:CONE) closed its last trading session down -0.35 at 47.73 with 842,599 shares trading hands.