Globix starts tender for $40.27 million 11% notes

New York, Jan. 26 - Globix Corp. said it has begun a tender offer for up to $40.274 million of 11% senior notes due 2008.

The New York provider of managed internet infrastructure services is offering to buy the notes at par plus accrued interest.

Funding for the tender will come from the company's recent sale of its property at 415 Greenwich St. in New York.

The tender runs through 10 a.m. ET Feb. 25.

The depositary is HSBC Bank USA. Questions should be directed to Daniel Moran at Globix (212 334-8500).

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