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Cogent to price $245 million notes due 2022 in Monday drive-by
By Paul A. Harris
Portland, Ore., Feb. 9 – Cogent Communications Holdings, Inc. plans to price a $245 million offering of senior secured notes due 2022 on Monday following a late-morning conference call with investors, according to a market source.
BofA Merrill Lynch is leading the Rule 144A and Regulation S offering.
The Washington, D.C.-based provider of high-speed internet access plans to use the proceeds to finance the redemption of $240 million of its 8 3/8% senior secured notes due 2018.
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