Cogent prices $206M IPv4 address revenue term notes securitization

COGENT COMMUNICATIONS HOLDINGS, INC.

Special-purpose subsidiary priced $206M Series 2024-1 secured notes with 5-year anticipated repayment term.
Notes are secured by certain IPv4 addresses, customer IPv4 leases, and customer accounts receivables.
Net proceeds to be used for general corporate purposes; closing expected on or around May 2, 2024.
Offered via Rule 144A/Reg S to qualified institutional buyers; not registered under Securities Act.

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