( Investor Home )
( About Globix )
( Stock Quote )
( Press Releases )
( SEC Filings )
( Analyst Coverage )
( Directors )
( Management )
( Investor Calendar )
( Conference Calls )
( More Information )
GLOBIX CORPORATION ANNOUNCES CLOSING OF $600 MILLION 12.5% SENIOR NOTES OFFERING
NEW YORK — February 8, 2000 — Globix Corporation (NASDAQ:
GBIX) today announced that it has closed its offering of $600 million
principal amount, 12.5% Senior Notes due 2010. As previously announced, the
proceeds of this offering will be used to purchase any and all of the Company’s
13% Senior Notes due 2005 under the terms of a tender offer launched today. The
proceeds will also be used to further expand the Company’s data centers and network
infrastructure and for general corporate purposes.
The securities to be offered have not been registered under the Securities Act of 1933,
as amended (the “Securities Act”), or any state securities laws, and unless so registered,
may not be offered or sold in the United States except pursuant to an exemption from,
or in a transaction not subject to, the registration requirements of the Securities
Act and applicable state securities laws.
This press release does not constitute an offer to sell or the solicitation of an offer
to buy any security and shall not constitute an offer, solicitation or sale in any
jurisdiction in which such offering would be unlawful.
This press release contains forward-looking statements. Actual results could differ
materially from those projected in the forward-looking statements. Additional information
concerning factors that could cause actual results to differ materially from those in the
forward-looking statements is contained under the heading of Risk Factors listed from time
to time in the Company’s filings with the Securities and Exchange Commission.
Contact:
Globix Corporation
Charles Strauzer
VP – Corporate Finance
212-625-7327
[email protected]
Back to Top