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An update from Cogent Communications (CCOI) is now available.
Cogent Communications Holdings, Inc. is planning to offer approximately $206 million in secured IPv4 address revenue term notes through a special-purpose entity. These notes, backed by the company’s IPv4 assets, aim to raise funds for general corporate purposes. The offer targets qualified institutional buyers in the U.S. and certain non-U.S. persons, adhering to specific securities regulations, and will not be publically registered. The company cautions that this offering and associated forward-looking statements involve risks and uncertainties, and there is no guarantee the sale of the notes will be completed.
For an in-depth examination of CCOI stock, go to TipRanks’ Stock Analysis page.