Cogent Communications Holdings, Inc. (NASDAQ: CCOI) today announced that Cogent Communications Group, Inc., a wholly owned subsidiary of the Company, intends to commence an offering of $500.0 million aggregate principal amount of senior secured notes due 2026 to be offered and sold only to persons reasonably believed to be qualified institutional buyers in an unregistered offering pursuant to Rule 144A under the Securities Act of 1933, as amended, and to certain non-U.S. persons in transactions outside the United States in compliance with Regulation S under the Securities Act. The Notes will be guaranteed on a senior secured basis by Cogent’s material domestic subsidiaries and on a senior unsecured basis by the Company.
About Cogent Communications
The Company (NASDAQ: CCOI) is a facilities-based provider of low cost, high speed Internet access and private network services to bandwidth intensive businesses. The Company’s facilities-based, all-optical IP network provides services in 210 markets across 48 countries.