Zayo’s US$6bn LBO to test market appetite for single-B loans
October 30, 2019 at 17:17 PM EDT
NEW YORK, Oct 30 (LPC) - Approximately US$6bn in acquisition financing for fiber optic cable company Zayo Group could hit the leveraged finance market before the end of this year, a move that will test an investor base that has grown hesitant over single-B credits exposed to a cooling US economy.