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News Oct 24, 2014

Shearman & Sterling Advises Underwriters in Initial Public Offering of Zayo Group Holdings

Shearman and Sterling represented Morgan Stanley & Co. LLC, Barclays Capital Inc., Goldman, Sachs & Co., RBC Capital Markets, LLC, Citigroup Global Markets Inc., SunTrust Robinson Humphrey, Inc., Cowen and Company, LLC, Oppenheimer & Co. Inc., Raymond James & Associates Inc., Stephens Inc., Wells Fargo Securities, LLC and William Blair & Company, L.L.C., in connection with the initial public offering of 24,079,002 shares of common stock of Zayo Group Holdings, Inc., consisting of 16,008,679 shares sold by the company and 8,070,323 shares sold by the selling stockholders. The offering raised approximately $457 million of gross proceeds and the shares have been listed on the New York Stock Exchange.

Zayo Group provides comprehensive bandwidth infrastructure services in over 300 markets throughout the US and Europe.

The Shearman & Sterling team advising the underwriters included of counsel James S. Scott, Sr. (New York-Capital Markets), partners Robert Evans (New York-Capital Markets) and Russell Sacks (New York- Financial Institutions Advisory & Financial Regulatory); counsel Ilir Mujalovic (New York-Capital Markets); associates Nathan Mee (San Francisco-Capital Markets), Diana Berisha (New York-Capital Markets), Jennifer Morton (New York-Financial Institutions Advisory & Financial Regulatory), Regina Park (New York-Compensation, Governance & ERISA), Ryan Roberts (New York-Tax) and Jenny Ding (New York-Corporate).