GTT COMMUNICATIONS,INC. (NYSE:GTT) Files An 8-K Other Events

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GTT COMMUNICATIONS,INC. (NYSE:GTT) Files An 8-K Other Events

Item 8.01 Other Events.

On December2, 2016, GTT Communications,Inc., a Delaware
corporation (the Company), announced that it intends to offer
$300 million aggregate principal amount of senior notes due 2024
(the Notes) in a private offering that is exempt from the
registration requirements of the Securities Act of 1933, as
amended (the Securities Act).

As previously disclosed in the Companys Current Report on Form8-K
filed with the Securities and Exchange Commission on December2,
2016, the Company intends to use the net proceeds from the
offering to partially finance its previously announced
acquisition of Hibernia NGS Limited and its subsidiaries (the
Acquisition), to repay certain existing indebtedness, to pay
various fees and expenses incurred in connection with the
Acquisition and related financing transactions, and for general
corporate purposes.

The Notes will be offered only to qualified institutional buyers
to Rule144A under the Securities Act and to non-U.S. buyers in
accordance with Regulation S under the Securities Act. The Notes
have not been and are not expected to be registered under the
Securities Act or under any state securities laws and, unless so
registered, may not be offered or sold in the United States or to
U.S. persons except to an exemption from, or in a transaction not
subject to, the registration requirements of the Securities Act
and applicable state securities laws. This 8-K does not
constitute an offer to sell or the solicitation of an offer to
buy any securities, nor shall it constitute an offer,
solicitation or sale in any jurisdiction in which such offer,
solicitation or sale is unlawful.

A copy of the risk factors relating to the Acquisition is
attached hereto as Exhibit99.1 and incorporated herein by
reference and a copy of the Managements Discussion and Analysis
of Financial Condition and Results of Operations of Hibernia NGS
Limited for the years ended December31, 2013, 2014 and 2015 and
for the nine months ended September30, 2016 and 2015 is attached
hereto as Exhibit99.2 and incorporated herein by reference.

The disclosure above and the exhibits hereto contain certain
forward-looking statements within the meaning of Section27A of
the Securities Act and Section21E of the Securities Exchange Act
of 1934, as amended, including those regarding the proposed
offering and the Acquisition, the anticipated use of proceeds of
the offering and expectations regarding the size and timing of
the offering. There can be no assurance that the offering or the
Acquisition will be consummated. Actual events or results may
differ materially from those in the forward-looking statements as
a result of various important factors, including those described
in the Companys filings with the Securities and Exchange
Commission. Although the Company believes that the expectations
reflected in the forward-looking statements are reasonable, such
statements should not be regarded as a representation by the
Company, or any other person, that such forward-looking
statements will be achieved. The business and operations of the
Company are subject to substantial risks which increase the
uncertainty inherent in forward-looking statements. The Company
undertakes no duty to update any of the forward-looking
statements, whether as a result of new information, future events
or otherwise. In light of the foregoing, readers are cautioned
not to place undue reliance on such forward-looking statements.

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits

ExhibitNo.

Description

99.1

Risk Factors Related to the Acquisition.

99.2

Managements Discussion and Analysis of Financial
Condition and Results of Operations of Hibernia NGS
Limited for the years ended December31, 2013, 2014 and
2015 and for the nine months ended September30, 2016 and
2015.


About GTT COMMUNICATIONS, INC. (NYSE:GTT)

GTT Communications, Inc. is a provider of cloud networking services. The Company offers a portfolio of global communications services, including EtherCloud wide area network services; Internet services; managed network and security services, and voice and unified communication services. The Company provides Layer 2 (Ethernet) and Layer 3 (multiprotocol label switching (MPLS)) solutions to meet the needs of multinational clients. The Company offers customers high-bandwidth global Internet connectivity and IP transit with availability and packet delivery. It offers managed network services, including managed equipment, managed security services and managed secure access. Its Tier 1 Internet protocol (IP) network delivers connectivity for its clients around the world. It provides services to multinational enterprises, carriers and government customers in over 100 countries. The Company’s global network assets are deployed in North America, South America, Europe, Asia and Australia.

GTT COMMUNICATIONS, INC. (NYSE:GTT) Recent Trading Information

GTT COMMUNICATIONS, INC. (NYSE:GTT) closed its last trading session down -0.15 at 24.75 with 79,584 shares trading hands.