Frontier Communications prices secured notes at 8% [Seeking Alpha]
FRONTIER COMMUNICATIONS (FTR)
Last frontier communications earnings: 3/31 05:21 pm
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US:NASDAQ Investor Relations:
investor.frontier.com/investor-relations
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Source: Seeking Alpha
Frontier Communications prices secured notes at 8% - Frontier Communications Corporation (NASDAQ:FTR) | Seeking Alpha Tech Frontier Communications prices secured notes at 8% Mar. 12, 2019 6:36 PM ET | Frontier Communications Co... (FTR) Jason Aycock Frontier Communications (NASDAQ: priced its secured notes The offering of $1.65B in first lien secured notes due 2027 will be sold at 100% of principal, and will settle about March 15. The company's using the eight-year debt to roll over a term loan and a credit agreement each maturing in 2021, and to extend $835M of an $850M revolving facility to 2024 from 2022. Shares closed the day up 1.5% Click to subscribe to real-time analytics on FTR Now read: Frontier Communications: It's A Good Start, But Can The Momentum Continue?
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