FD&S Represents Cisco in Debt Restructure

06/20/03 - Lawyers at Friedman Dumas & Springwater LLP represented Cisco Systems Capital Corporation and Cisco Systems, Inc. in a debt restructuring transaction with Cogent Communications, Inc., a Washington D.C.-based Internet service provider. Cisco agreed to convert $263 million in secured debt owed by Cogent in exchange for a cash payment, issuance of an amended secured note and 18% of the stock of Cogent's publicly-traded parent company, Cogent Communications Group, Inc. The transaction received SEC approval and closed on July 31, 2003.

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