Zayo Group, a privately owned company founded in 2007 and headquartered in the US, employs approximately 3,370 people. Its primary business is providing communications infrastructure and related services. These services encompass fiber and transport solutions, packet services, and managed edge services, essentially offering connectivity and distribution capabilities.
Zayo Group plans to issue $846.2 million from capital markets, secured by fiber network asset contracts. This is the master trust's third securitization in 2025. The Zayo Issuer 2025-3 will issue three classes of notes, anticipated to repay in October 2032, with final maturity in October 2055, according to Kroll Bond Rating Agency (KBRA). While the transaction is not yet finalized and may change, Fitch Ratings assigned expected ratings and outlooks on September 15, 2025, for the Zayo Issuer LLC Secured Fiber Network Revenue Notes Series 2025-3. These ratings are preliminary and based on information provided by the issuer. KBRA also assigned preliminary ratings to the Series 2025-3 Class A-2, Class B, and Class C Notes from Zayo Issuer LLC.
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