Wed 03/01/2023 14:09 PM
Relevant Item:2031 First Lien Notes Covenants Primary Analysis
Frontier Communications is issuing $750 million of first lien secured notes due 2031 (the “New Notes”). Proceeds will be used to “fund capital investments and operating costs associated with our fiber build and expansion of [Frontier’s] fiber customer base and for other general corporate purposes.”
The New Notes are expected to price today.
The preliminary offering memorandum terms of the New Notes are largely similar to those in...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.