July 26, 2017 1:22 PM ET

Internet Software and Services

Company Overview of j2 Cloud Services, LLC

Company Overview

j2 Cloud Services, LLC provides business cloud services to sole proprietors, small to medium-sized businesses and enterprises, and government organizations. It offers online fax services under the eFax, MyFax, eFax Plus, eFax Pro, eFax Secure, eFax Corporate, and eFax Developer names. The company was founded in 2011 and is based in Hollywood, California. j2 Cloud Services, LLC operates as a subsidiary of j2 Global, Inc.

6922 Hollywood Boulevard

Suite 500

Hollywood, CA 90028

United States

Founded in 2011

Phone:

855-492-5683

Key Executives for j2 Cloud Services, LLC

j2 Cloud Services, LLC does not have any Key Executives recorded.

j2 Cloud Services, LLC Key Developments

J2 Cloud Services, LLC and J2 Cloud Co-Obligor, Inc. Complete Private Placement of $650 Million Senior Unsecured Notes

j2 Global, Inc. and its subsidiary, j2 Cloud Services, LLC (j2 Cloud), announced that j2 Cloud and j2 Cloud Co-Obligor, Inc. have completed the issuance of $650 million aggregate principal amount of its 6.000% Senior Notes due 2025 in a private placement that is exempt from the registration requirements of the Securities Act of 1933, as amended. The Notes will pay interest at the rate of 6.000% per annum, and are to be guaranteed on an unsecured basis by certain of j2 Cloud’s wholly-owned restricted subsidiaries. j2 Cloud estimates that the net proceeds from such offering will be approximately $636.4 million, after deducting the initial purchasers’ discounts and commissions and estimated offering expenses. j2 Cloud intends to use the net proceeds from the offering to redeem all of its outstanding 8.000% Senior Notes due 2020, to distribute sufficient net proceeds to j2 Global to pay off all amounts outstanding under j2 Global’s existing credit facility and, to the extent any proceeds remain thereafter, for general corporate purposes, which may include acquisitions. The Notes and the related guarantees were issued only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States only to non-U.S. persons pursuant to Regulation S. The Notes and the related guarantees have not been and will not be registered under the Securities Act or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

j2 Global Seeks Acquisitions

j2 Global, Inc. (NasdaqGS:JCOM) and j2 Cloud Services, LLC announced that j2 Global has completed the issuance of $650 million aggregate principal amount of its 6.000% Senior Notes due 2025. j2 Cloud estimates that the net proceeds from such offering will be approximately $636.4 million, after deducting the initial purchasers' discounts and commissions and estimated offering expenses. j2 Cloud intends to use the net proceeds from the offering to redeem all of its outstanding 8.000% Senior Notes due 2020, to distribute sufficient net proceeds to j2 Global to pay off all amounts outstanding under j2 Global's existing credit facility and, to the extent any proceeds remain thereafter, for general corporate purposes, which may include acquisitions.

J2 Cloud Services, LLC and J2 Cloud Co-Obligor, Inc. Announce Pricing of $650 Million Senior Unsecured Notes

j2 Global, Inc. and its subsidiary, j2 Cloud Services, LLC announced that j2 Cloud and j2 Cloud Co-Obligor, Inc. priced an offering of $650 million in senior unsecured notes due 2025 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended, upsized from the $550 million previously announced. The Notes will bear interest at the rate of 6.000% per annum, and are expected to be guaranteed on an unsecured basis by certain of j2 Cloud’s wholly-owned material restricted subsidiaries. The sale of the Notes is expected to close on June 27, 2017, subject to customary closing conditions. j2 Cloud intends to use the net proceeds from the offering to redeem all of its outstanding 8.000% Senior Notes due 2020, to distribute sufficient net proceeds to j2 Global to pay off all amounts outstanding under j2 Global’s existing credit facility and, to the extent any proceeds remain thereafter, for general corporate purposes, which may include acquisitions.

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