Zayo Group to launch $361 million term loan B-2 repricing on Thursday

By Sara Rosenberg

New York, July 13 – Zayo Group LLC is set to hold a lender call on Thursday to launch a repricing of its existing $361 million term loan B-2, according to a market source.

Current pricing on the loan is Libor plus 350 basis points with a 1% Libor floor.

Barclays is the bookrunner on the deal. Morgan Stanley Senior Funding Inc. is the administrative agent.

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

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