Zayo Group seeks term loan B repricing to Libor plus 300 bps

By Sara Rosenberg

New York, Sept. 30 - Zayo Group LLC was seeking commitments on Monday for the repricing of its term loan B to Libor plus 300 basis points with a 1% Libor floor from Libor plus 350 bps with a 1% Libor floor, according to a market source.

RBC Capital Markets, Morgan Stanley Senior Funding Inc. and Barclays are the lead banks on the deal.

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

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