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CyrusOne Inc (CONE.OQ)

CONE.OQ on NASDAQ Stock Exchange Global Select Market

52.08USD
16 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Cyrusone Announces Definitive Agreement To Acquire Zenium Data Centers
Thursday, 21 Dec 2017 01:10pm EST 

Dec 21 (Reuters) - Cyrusone Inc ::CYRUSONE ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE ZENIUM DATA CENTERS.CYRUSONE INC- DEAL FOR IS $442 MILLION.CYRUSONE - CO HAS OPTION TO ASSUME ABOUT $65 MILLION DEBT OUTSTANDING UNDER 2 EXISTING CREDIT FACILITIES WITH TOTAL CAPACITY OF ABOUT $185 MILLION.CYRUSONE SAYS WILL ALSO REIMBURSE ZENIUM FOR CAPITAL EXPENDITURES BETWEEN SIGNING AND CLOSING OF ACQUISITION AGREEMENT.CYRUSONE INC - ON A STANDALONE BASIS, CO EXPECTS 2018 TOTAL REVENUE GROWTH OF 17-20% & ADJUSTED EBITDA GROWTH OF 19-22%.CYRUSONE INC - TRANSACTION IS EXPECTED TO BE DILUTIVE TO NORMALIZED FFO PER DILUTED COMMON SHARE IN FIRST TWELVE MONTHS FOLLOWING DEAL CLOSING.CYRUSONE - EXECUTION OF DEFINITIVE DEAL WITH QUANTUM, PRIVATE INVESTMENT FUND MANAGED BY SOROS FUND,CERTAIN OTHER SELLERS, TO BUY ZENIUM DATA CENTERS.CYRUSONE - IF CO ASSUMES DEBT, BALANCE OF PURCHASE PRICE WILL BE FINANCED THROUGH CAPACITY UNDER $1.1 BILLION REVOLVING CREDIT FACILITY.CYRUSONE - IF CO DOES NOT ASSUME DEBT, FULL PURCHASE PRICE WILL BE FINANCED THROUGH CAPACITY UNDER REVOLVING CREDIT FACILITY.CYRUSONE INC - FORECASTS ZENIUM TO PRODUCE 2018 ADJUSTED EBITDA OF $17-19 MILLION AND 2019 ADJUSTED EBITDA OF $32-34 MILLION.FY2018 REVENUE VIEW $795.1 MILLION -- THOMSON REUTERS I/B/E/S.CYRUSONE - DEAL EXPECTED TO BE MODESTLY ACCRETIVE IN SECOND 12 MONTHS, MEANINGFULLY ACCRETIVE THEREAFTER FOR NORMALIZED FFO PER DILUTED COMMON SHARE.  Full Article

CyrusOne announces pricing of private offering of senior notes
Wednesday, 1 Nov 2017 06:04pm EDT 

Nov 1 (Reuters) - CyrusOne Inc :CyrusOne Inc announces pricing of private offering of senior notes.CyrusOne Inc - ‍prices previously announced private offering of $200.0 million aggregate principal amount of 5.000% senior notes due 2024​.CyrusOne Inc - ‍prices previously announced private offering of $200.0 million aggregate principal amount of 5.375% senior notes due 2027​.  Full Article

CyrusOne Inc. announces private offering of senior notes
Wednesday, 1 Nov 2017 07:40am EDT 

Nov 1 (Reuters) - CyrusOne Inc :CyrusOne Inc. Announces private offering of senior notes.CyrusOne Inc - ‍CyrusOne LP & CyrusOne Finance to offer $300.0 million 5.375% senior notes due 2027 in a private offering​.CyrusOne Inc - co's unit‍ intend to offer $100 million aggregate principal amount of its 5.000% senior notes due 2024​.CyrusOne - units to use net proceeds from offering for repayment of borrowings outstanding under operating partnership's revolving credit facility​.  Full Article

Cyrusone reports Q3 adjusted FFO per share $0.79
Monday, 30 Oct 2017 04:02pm EDT 

Oct 30 (Reuters) - Cyrusone Inc ::Cyrusone reports third quarter 2017 earnings.Q3 adjusted FFO per share $0.79.Q3 revenue $175.3 million versus I/B/E/S view $177.4 million.Cyrusone Inc says ‍updating guidance for full year 2017, tightening guidance ranges for total revenue and adjusted EBITDA​.Cyrusone Inc sees FY ‍total revenue $670 million - 677 million​.  Full Article

Cyrusone Inc plans for data center campus in Texas
Tuesday, 24 Oct 2017 08:00am EDT 

Oct 24 (Reuters) - Cyrusone Inc :Plans for data center campus in Allen, Texas, north of Dallas.  Full Article

CyrusOne announces formation of partnership with GDS Holdings
Wednesday, 18 Oct 2017 08:15am EDT 

Oct 18 (Reuters) - CyrusOne Inc ::Announced formation of new strategic partnership with execution of commercial agreement with GDS Holdings Ltd​.Says to purchase newly issued unregistered ordinary shares equivalent to 8.0 million ADS at price equivalent to $12.45/ADS​.Says GDS intends to use proceeds from sale of unregistered shares to CyrusOne to fund development projects across key markets.Says co's president and chief executive officer Gary Wojtaszek will join GDS board.  Full Article

‍Cyrusone continues to expand with Amazon web services direct connect service​
Tuesday, 17 Oct 2017 08:00am EDT 

Oct 17 (Reuters) - Amazon.Com Inc :‍Cyrusone continues to expand with Amazon web services direct connect service​.  Full Article

Cyrusone Q2 adjusted FFO per share $0.77
Wednesday, 2 Aug 2017 04:01pm EDT 

Aug 2 (Reuters) - Cyrusone Inc :Cyrusone reports second quarter 2017 earnings.Q2 adjusted FFO per share $0.77.Q2 revenue $166.9 million versus I/B/E/S view $165.3 million.Qtrly normalized FFO per share $0.77.Cyrusone Inc sees 2017 total revenue $666 - 681 million.Cyrusone Inc sees 2017 base revenue $591 - 601 million.Cyrusone Inc sees 2017 capital expenditures $700 - 750 million.Cyrusone Inc sees 2017 normalized FFO per diluted common share $3.00 - 3.10.FY2017 FFO per share view $3.01 -- Thomson Reuters I/B/E/S.FY2017 revenue view $674.0 million -- Thomson Reuters I/B/E/S.Q2 FFO per share view $0.73 -- Thomson Reuters I/B/E/S.  Full Article

Cyrusone expands unsecured credit facility to $2.0 billion
Monday, 19 Jun 2017 08:30am EDT 

June 19 (Reuters) - Cyrusone Inc :Cyrusone inc. Expands unsecured credit facility to $2.0 billion.Cyrusone -amendment increased size of term loan maturing in january 2022 from $300 million to $650 million and expanded revolving credit facility by $100 million to $1.1 billion.Cyrusone inc says proceeds from $350 million term loan increase were used to pay down borrowings under revolving credit facility.Cyrusone inc - existing $250 million term loan maturing in september 2021 remains unchanged.Cyrusone inc - agreement contains an accordion feature that allows company to obtain up to $300 million in additional revolving or term loan commitments.Cyrusone inc - operating partnership, cyrusone lp, has entered into an amendment to its senior unsecured credit agreement.Cyrusone inc - amendment to its senior unsecured credit agreement that increases total size of facility by $450 million to $2.0 billion.  Full Article

CyrusOne reports Q1 revenue $149.3 million
Wednesday, 3 May 2017 04:01pm EDT 

May 3 (Reuters) - CyrusOne Inc :CyrusOne reports first quarter 2017 earnings.Q1 adjusted FFO per share $0.72.Q1 revenue $149.3 million versus I/B/E/S view $149.5 million.Backlog of $44 million in annualized GAAP revenue as of end of q1.Sees total revenue in the range of $666 million - $681 million for FY 2017.Sees FY normalized FFO per diluted common share between $2.95 - $3.05.Sees FY capital expenditures $600 - 650 million.  Full Article

BRIEF-Cyrusone Announces Definitive Agreement To Acquire Zenium Data Centers

* CYRUSONE ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE ZENIUM DATA CENTERS