Zayo earned significant Deal of the Year recognition from International Financing Review (IFR). The company received this honor for its inaugural $1.42 billion fiber securitization. This transaction was specifically named the IFR’s North America ABS Issue award. Zayo is a major provider of communications infrastructure. The award highlights the firm’s successful entry into the asset-backed securities market.
The priced notes were backed by Zayo’s enterprise fiber assets. These a ssets include long-term customer contracts in the U.S. Northeast region. This deal allowed Zayo to tap into new funding sources. The securitization market provides stable, long-term capital for infrastructure. Investors showed massive interest in this unique financial offering. In fact, the final order book was ten times the issuance size.
Innovation in Infrastructure Financing
Securitization offers Zayo the flexibility needed for large investments. This repeatable funding model supports the growth of global fiber networks. It differs from past deals focused on residential fiber. Instead, Zayo focuses on hyperscale, carrier, and enterprise custo mers. The company completed three ABS transactions in total during 2025. This raised approximately $3.8 billion in new debt.
Jeff Noto, Chief Financial Officer of Zayo, stated:
“IFR’s award recognizes the successful execution of our innovative, first ABS transaction and the confidence shown by investors in Zayo as a first-time issuer. Access to the securitization market provides us with additional flexibility and funding for continued investment in critical fiber infrastructure. It allows us to invest ahead of demand while ensuring our customers can scale as connectivity needs continue to grow.”
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News Source: Businesswire.com
