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Zayo Group Holdings, Inc. -- Announcement: Moody's says sale of Zayo's zColo business to Databank does not impact rating or stable outlook

·10 min read

Moody's Investors Service, (Moody's) said Zayo Group Holdings, Inc.'s (Zayo) agreement to sell its zColo business, including certain US and European data center assets, does not impact the company's B2 corporate family rating or stable outlook. The transaction will include the sale of 44 data centers in more than 20 markets to the ultimate parent of DB DataCenter Holdings, Inc. (Databank, B3 stable).