Zayo Group LLC Proposed Senior Secured Term Loan Rated 'B', Recovery Rating '4'; 'B' Corporate Credit Rating Affirmed - S&P Global Ratings’ Credit Research

Zayo Group LLC Proposed Senior Secured Term Loan Rated 'B', Recovery Rating '4'; 'B' Corporate Credit Rating Affirmed

Zayo Group LLC Proposed Senior Secured Term Loan Rated 'B', Recovery Rating '4'; 'B' Corporate Credit Rating Affirmed - S&P Global Ratings’ Credit Research
Zayo Group LLC Proposed Senior Secured Term Loan Rated 'B', Recovery Rating '4'; 'B' Corporate Credit Rating Affirmed
Published Nov 10, 2011
1348 words — Published Nov 10, 2011
Price US$ 150.00  |  Buy this Report Now

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Abstract:

We are assigning our 'B' issue-level rating and '4' recovery ratings to Louisville, Colo.-based Zayo Group LLC 's proposed senior secured term loan. We are also raising the issue-level rating on the senior secured notes due 2017 to 'B' revising the recovery rating on the notes to '4'. We are affirming our 'B' corporate credit rating. The stable outlook reflects the company's strong growth prospects balanced by what we consider a highly leveraged financial risk profile and aggressive financial policy. NEW YORK (Standard&Poor's) Nov. 10, 2011--Standard&Poor's Ratings Services said today that it assigned its 'B' issue-level and '4' recovery ratings to Zayo Group LLC's proposed senior secured term loan B due 2016. The '4' recovery rating

  
Brief Excerpt:

RESEARCH Zayo Group LLC Proposed Senior Secured Term Loan Rated 'B', Recovery Rating '4'; 'B' Corporate Credit Rating Affirmed Publication date: 10-Nov-2011 Primary Credit Analyst: Naveen Sarma, New York (1) 212-438-7833; naveen_sarma@standardandpoors.c...

  
Report Type:

Ratings Action

Issuer
Zayo Group LLC
GICS
Alternative Carriers (50101010)
Sector
Global Issuers
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Zayo Group LLC Proposed Senior Secured Term Loan Rated 'B', Recovery Rating '4'; 'B' Corporate Credit Rating Affirmed" Nov 10, 2011. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Zayo-Group-LLC-Proposed-Senior-Secured-Term-Loan-Rated-B-Recovery-Rating-4-B-Corporate-Credit-Rating-Affirmed-912156>
  
APA:
S&P Global Ratings’ Credit Research. (). Zayo Group LLC Proposed Senior Secured Term Loan Rated 'B', Recovery Rating '4'; 'B' Corporate Credit Rating Affirmed Nov 10, 2011. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Zayo-Group-LLC-Proposed-Senior-Secured-Term-Loan-Rated-B-Recovery-Rating-4-B-Corporate-Credit-Rating-Affirmed-912156>
  
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