Zayo readies launch of $1.87 billion credit facility repricing

By Sara Rosenberg

New York, Sept. 25 - Zayo Group LLC is set to hold a lender call at 11 a.m. ET on Wednesday to launch a repricing of its $1.87 billion senior secured credit facility, according to a market source.

Morgan Stanley Senior Funding Inc. and Barclays are the lead banks on the deal.

The facility consists of a $250 million revolver and a $1.62 billion term loan, the source said.

Zayo is a Louisville, Colo.-based provider of fiber-based bandwidth infrastructure and network-neutral colocation and interconnection services.

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