Zayo Group is a privately owned company headquartered in the US. Founded in 2007, it employs approximately 3,370 individuals and specializes in enterprise connectivity services. The company functions as a communications infrastructure provider, delivering a range of solutions including fiber & transport, packet, and managed edge services.
On April 24, 2026, Zayo closed on the issuance of $2.37 billion in asset-backed term notes through its subsidiary Zayo Issuer LLC, bringing its asset-backed securities program total to over $6 billion. The notes are secured by fiber network assets and associated contracts across the United States. Previously, on April 23, Zayo Issuer secured Fitch ratings for its series 2026-1 fiber network notes, expanding its fiber-backed master trust with a new sale tied to U.S. long-haul and metro network assets. This issuance accompanied affirmations on the 2025-1, 2025-2, and 2025-3 series. Earlier, on April 22, the company confirmed that AI demand is driving significant growth in its long-haul business, noting that it is currently building 8,000 more route miles of long-haul network, representing the largest single network investment in new build and overbuild miles in Zayo’s history. This follows the April 21 announcement that Zayo secured an anchor customer to accelerate the buildout of new routes and extend its existing network with infrastructure purpose-built to support AI-driven demand and cloud growth across high-demand corridors, initially announced on April 20.
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