New York, February 09, 2015 -- Moody's Investors Service ("Moody's") has assigned a B1 rating to Cogent Communications Group, Inc.'s ("Cogent" or "the company") proposed $245 million Senior Secured Notes due 2022. The net proceeds from this offering will be used to finance the redemption of all of Cogent's existing 8.375% Senior Secured Notes due 2018. Cogent expects to use the remaining proceeds, if any, for general corporate purposes.
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