Frontier Communications Holdings, LLC (the “Issuer”), a consolidated subsidiary of Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”), announced the pricing of its previously announced private offering of $750 million aggregate principal amount of first lien secured notes due 2031 (the “Notes”). The Notes will bear interest at 8.625% per year and will be sold at a price equal to 100% of the aggregate principal amount. The Notes offering is expected to close on March 8, 2023, subject to customary conditions.
LATEST NEWS
Innovation Presents Remarkable Opportunities for the ICT Industry and Society as a Whole
Fifty years after the invention of the mobile phone, digital transformation is creating new opportunities for the global information and communications technology (ICT) industry to continue to contribute to social and economic development around the world. Integration and collaboration are the key, according to Yang Jie, Chairman of China Mobile.
Google Reacts to New Canadian Law; Restricts News Access for Canadians
Reacting to Canada’s Online News Act, which is currently under discussion at the Senate, Google has decided to block access to news for some Canadians as a ‘test’ to work through the law that requires tech giants to pay for local journalism content used on their platforms.
Avaya Files for Chapter 11
Struggling unified communications giant Avaya Holdings Corp. filed for Chapter 11 bankruptcy protection in federal court in Texas.
Verizon's Eric Cevis Awarded as North America CEO of the Year by Telecom Review for 2022
In a special presentation on February 16, Verizon’s Eric Cevis received the North America CEO of the Year award under the Telecom Review Excellence Awards 2022 program during a special ceremony held at the Verizon Headquarters in New Jersey. Telecom Review Executives flew to Basking Ridge New Jersey to make the special presentation after the first presentation date was rescheduled.