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Zayo Group secures $30 million in debt financing.(FINANCING)

Publication: Optical Networks/WDM
Publication Date: 01-MAR-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Zayo Group, a regional provider of bandwidth and telecommunications services, announced that it has closed on $30 million in debt financing. The funding comes from three institutions led by CIT and is co-sponsored by CoBank and Hercules Technology Growth Capital Inc.

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...debt enabled Zayo's recent acquisition of Citynet Fiber Network (CFN), the wholesale division...

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