Zayo Group Holdings,Inc. (NYSE:ZAYO) Files An 8-K Entry into a Material Definitive Agreement
Item 9.01. Entry into a Material Definitive Agreement
On April3, 2019, Zayo Group, LLC (the “Company”), a wholly owned subsidiary of Zayo Group Holdings,Inc., and Zayo Capital,Inc. (“Zayo Capital”, and Zayo Capital together with the Company, the “Borrowers”) entered into an Extension Amendment No.1 (the “Amendment”) to the Amended and Restated Credit Agreement dated as of May6, 2015 (as amended, the “Credit Agreement”). Per the terms of the Amendment, the maturity date of the revolving credit facility under the Credit Agreement was extended from April17, 2020 to the earliest of (i)April17, 2023, (ii)six months prior to the maturity date of the Borrowers’ $500.0 million term loan tranche, which matures on January19, 2021, subject to the refinancing thereof with debt having a maturity date no earlier than April17, 2023 or repayment in full, and (iii)six months prior to the maturity date of the Borrowers’ 6.00% senior unsecured notes, which mature on April1, 2023, subject to the refinancing thereof with debt having a maturity date no earlier than April17, 2023 or repayment in full. No other terms of the Credit Agreement were amended.
The foregoing description of the Amendment is qualified in its entirety by reference to the Amendment, a copy of which is filed as Exhibit10.1 to this Current Report on Form8-K and incorporated herein by reference.
Item 9.01. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
The information set forth above under Item 9.01 is hereby incorporated by reference into this Item 9.01.
Item 9.01. Financial Statements and Exhibits
(d)Exhibits.
|
ExhibitNo. |
Description |
|
10.1 |
Extension Amendment No.1 to Amended and Restated Credit Agreement, dated as of April3, 2019, by and among Zayo Group, LLC, Zayo Capital,Inc., Morgan Stanley Senior Funding,Inc., as term facility administrative agent, SunTrust Bank, as revolving facility administrative agent, and the other lenders signatory thereto. |
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
Zayo Group Holdings,Inc. |
|
|
By: |
/s/ Matt Steinfort |
|
Name: |
Matt Steinfort |
|
Title: |
Chief Financial Officer |
|
DATED: April4, 2019 |
ZAYO GROUP LLC Exhibit
EX-10.1 2 a19-7789_1ex10d1.htm EX-10.1 Exhibit 10.1 EXECUTION VERSION EXTENSION AMENDMENT NO. 1 TO AMENDED AND RESTATED CREDIT AGREEMENT EXTENSION AMENDMENT NO. 1 TO AMENDED AND RESTATED CREDIT AGREEMENT,…
To view the full exhibit click here
About Zayo Group Holdings,Inc. (NYSE:ZAYO)
Zayo Group Holdings, Inc. is a provider of bandwidth infrastructure in the United States, Canada and Europe. The Company operates in five segments, including Dark Fiber Solutions, Network Connectivity, Colocation and Cloud Infrastructure, Zayo Canada and Other. Its key products include leased dark fiber, fiber to cellular towers and small cell sites, wavelength connections, Ethernet, Internet Protocol (IP) connectivity and cloud services. Its products and services enable high-bandwidth applications, such as cloud-based computing, video, mobile, social media and machine-to-machine connectivity. As of June 30, 2016 the Company owned fiber networks in 300 metro markets, including metro areas, such as New York, Chicago, San Francisco, Paris, and London, as well as smaller metro areas, such as Allentown, Pennsylvania, Fargo, North Dakota, and Spokane, Washington. The Company also provides its network-neutral colocation and interconnection services utilizing its own data centers.
