Front Range BidCo Inc

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD1,500.0007Mar-27Sr. SecuredB1B-FixedTsy-4.00-4.25%2554%-100.00000
USD1,080.0008Mar-28Sr. UnsecuredCaa1CCC+-FixedTsy-6.25% a4656.13%-100.00000
Tranche Comments
7 yr: Registration: 144A/Reg S; Comments: US$2.58bn(downsized from US$3.08) US$1.5bn snr sec 7NC1 (3/1/27) at par to yield 4% or T+255bp - rated B1/B; 8 yr: Registration: 144A/Reg S; Comments: US$2.58bn(downsized from US$3.08) US$1.08bn sr unsec 8NC3 (3/1/28) at par to yield 6.125% or T+465bp - rated Caa1/CCC+.;
Use of Proceeds
Financing for the previously announced acquisition of Zayo Group Holdings, Inc. by a consortium led by Digital Colony Partners and EQT Infrastructure.
Refinancing
Yes

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