Related: Investor

Press Release

Frontier Communications Comments on ISS and Glass Lewis Recommendations

Frontier issued the following statement in response to reports published by ISS on November 1 and Glass Lewis on November 6 regarding its proposed transaction with Verizon:
Frontier disagrees with ISS’ and Glass Lewis’ recommendation to “Abstain” from voting on the transaction.

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.