Frontier Closes $1.0 Billion Of Second Lien Secured Notes
10/13/21, 8:30 PM
Location
norwalkMoney raised
$1 billion
Frontier Communications Holdings, LLC (the “Issuer”), a consolidated subsidiary of Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced the closing of its previously announced private offering of $1.0 billion aggregate principal amount of second lien secured notes due 2030 (the “Notes”). The Notes bear interest at 6.000% per year and were issued at a price equal to 100% of the aggregate principal amount.
Company Info
Location
norwalk, connecticut, united states
Additional Info
Frontier Communications offers a variety of services to residential and business customers over its fiber-optic and copper networks in 25 states, including high-speed Internet, advanced voice, video, and Frontier Secure® digital protection solutions. Frontier Business™ offers communications solutions to small, medium, and enterprise businesses.