Cogent Communications Launches Notes Offering
WASHINGTON, April 1, 2014
WASHINGTON, April 1, 2014 /PRNewswire/ --Today, Cogent Communications Group,
Inc. ("Cogent Communications") announced that Cogent Communications Finance,
Inc., a newly formed financing subsidiary of Cogent Communications, intends to
commence an offering of $200 million of senior unsecured notes due 2021 (the
"Notes") for issuance in a private placement not registered under the
Securities Act of 1933, as amended (the "Act"). The offering is expected to
close into escrowsubject to customary closing conditions. If the offering is
consummated, Cogent expects to use the proceeds from the offering, if released
from escrow, for general corporate purposes. There can be no assurance that
the issuance and sale of the Notes will be consummated.
Cogent Communications Logo
The information in this release does not constitute an offer to sell or a
solicitation of an offer to buy any of the Notes. The Notes offered have not
been registered under the Securities Act of 1933, as amended, and may not be
offered or sold in the United States absent registration or an applicable
exemption from registration requirements.
About Cogent Communications
Cogent Communications (NASDAQ: CCOI) is a multinational, Tier 1
facilities-based ISP, consistently ranked as one of the top five Internet
backbone networks in the world. Cogent specializes in providing businesses
with high speed Internet access, Ethernet transport and colocation services.
Cogent's facilities-based, all-optical IP network provides services in over
180 markets globally.
Since its inception, Cogent has unleashed the benefits of IP technology,
building one of the largest and highest capacity IP networks in the world.
This network enables Cogent to offer large bandwidth connections at highly
competitive prices. Cogent also offers superior customer support by virtue of
its end-to-end control of service delivery and network monitoring.
Cogent Communications is headquartered at 1015 31st Street, NW, Washington,
D.C. 20007. For more information, visit www.cogentco.com. Cogent
Communications can be reached in the United States at (202) 295-4200 or via
email at email@example.com.
Information in this release may involve expectations, beliefs, plans,
intentions or strategies regarding the future. These forward-looking
statements involve risks and uncertainties. All forward-looking statements
included in this release are based upon information available to Cogent
Communications Group, Inc. as of the date of the release, and we assume no
obligation to update any such forward-looking statement. The statements in
this release are not guarantees of future performance and actual results could
differ materially from our current expectations. Numerous factors could cause
or contribute to such differences. Some of the factors and risks associated
with our business are discussed in Cogent's registration statements filed with
the Securities and Exchange Commission and in its other reports filed from
time to time with the SEC.
SOURCE Cogent Communications Group, Inc.
Contact: Cogent Contacts - For Public Relation - Travis Wachter, + 1 (202)
295-4217, firstname.lastname@example.org; For Investor Relations - + 1 (202) 295-4212,
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