Mon 08/28/2023 07:00 AM
Relevant Documents:IndenturePress Release
On Aug. 9, Frontier Communications
announced that it had closed on a securitization transaction whereby the company issued an aggregate of $1.586 billion of secured fiber revenue notes. To create these secured notes, Frontier contributed various Dallas-area assets to a bankruptcy-remote special-purpose entity. CFO Scott Beasley
described it as a “landmark deal.”
According to an...
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