CCC

Cogent Communications Group, Inc. 7.0% 15-JUN-2027

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Overview
Analysis

CCOI5827518 analysis



Key facts


Issuer
Cogent Communications Group, Inc.
Issue date
Jun 11, 2024
Maturity date
Jun 15, 2027
Outstanding amount
‪300.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
7.00% (Fixed)
Yield to maturity
6.15%
Cogent Communications Group, Inc. is a facilities-based provider of Internet access and Internet Protocol (IP) communications services. Its network is specifically designed and optimized to transmit data using IP. The Company delivers its services primarily to small and medium-sized businesses, communications service providers and other organizations through approximately 21,300 customer connections in North America and Europe. The Company provides its own on-net service at a speed of 100 Megabits per second through its own facilities. Its customers in multi-tenant office buildings are law firms, financial services firms, advertising and marketing firms and other professional services businesses. It also provide on-net Internet access to certain bandwidth-intensive users, such as universities, other Internet service providers (ISPs) and commercial content providers at speeds of up to ten Gigabits per second.
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