Frontier Communications Parent, Inc. (FYBR)
After hours:
- Business Wire
Frontier Announces $750 Million Fiber Securitization Offering
DALLAS, June 06, 2024--Frontier Communications Parent, Inc. (NASDAQ: FYBR) ("Frontier" or the "Company") today 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 re
- Business Wire
Frontier Announces Fiber Securitization Offering
DALLAS, June 03, 2024--Frontier Communications Parent, Inc. (NASDAQ: FYBR) ("Frontier" or the "Company") today 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. The Notes will be secured by certain of Frontier’s fiber assets and associa
- Business Wire
Frontier Announces Amendment to its Revolving Credit Facility
DALLAS, May 23, 2024--Frontier Communications Parent, Inc. (NASDAQ: FYBR) ("Frontier" or the "Company") today announced the execution of an amendment to its revolving credit facility. The amendment increases the amount of new securitization debt the company may issue and requires that a portion of the proceeds be used to refinance first lien debt.
