Cogent Communications Holdings Inc. has announced the successful completion of a significant financial transaction involving the issuance of $600 million in senior secured notes. These notes, which carry an interest rate of 6.500% per annum, are set to mature on July 1, 2032. The proceeds from this offering have been strategically utilized to fully redeem the company's outstanding 3.500% Senior Secured Notes due 2026, totaling $500 million. This move not only addresses the company's existing debt obligations but also provides additional capital for general corporate purposes or potential dividends. Interest on the new notes began accruing on June 17, 2025, with payments scheduled semi-annually starting January 1, 2026.
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