j2 Global Looks To Raise $550M In Unsecured Debt

Los Angeles-based j2 Global is looking to raise $550M in a senior unsecured debt offering, the company said on Friday. j2 Global said the notes would be issued by j2 Cloud and j2 Cloud Co-Obligor, Inc, in order to pay off an existing senior note facility, as well as for general corporate purposes, including acquisitions, and would be a private offering. j2 Global is a ravenous acquirer of cloud-based businesses.