Related: Investor

Press Release

Frontier Announces $750 Million Fiber Securitization Offering

Frontier announced that a limited-purpose, bankruptcy remote, indirect subsidiary of the Company has priced $750 million aggregate principal amount of secured fiber network revenue term notes, consisting of $530 million 6.2% Series 2024-1, Class A-2 term notes, $73 million 7.0% Series 2024-1, Class B term notes and $147 million 11.2% Series 2024-1, Class C term notes, each with an anticipated repayment date in May 2031 (collectively, the “Notes”).

Press Release

Frontier Announces Fiber Securitization Offering

Frontier announced that a limited-purpose, bankruptcy remote, indirect subsidiary of the Company intends to offer approximately $750 million aggregate principal amount of secured fiber network revenue term notes (the “Notes”), with an anticipated repayment date in May 2031, subject to market conditions and other factors.

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Press Release

Frontier Completes Landmark Fiber Securitization Transaction

Frontier announced the closing of its previously announced fiber securitization notes offering as part of a $2.1 billion financing. The transaction unlocks access to new capital to fully fund its fiber build and provides the company with flexibility for future refinancing.