Zayo to draw on revolving credit facility to fund Geo Networks buy

By Tali Rackner

Norfolk, Va., May 16 - Zayo Group, LLC plans to fund its acquisition of Geo Networks Ltd. with borrowings under its revolving credit facility and cash on hand, according to a press release.

The purchase price has not been disclosed.

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

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