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General

Frontier prices USD 1 billion worth of secured notes

Wednesday 6 October 2021 | 09:35 CET | News
Frontier Communications has priced its offering of USD 1 billion worth of second lien secured notes due 2030. These will bear interest at 6.000 percent per year. The money raised from the transaction will be used to fund capital investments and operating costs arising from the company's fibre build and the expansion of its fibre customer base. Any remaining funds will be put towards general corporate purposes.

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Categories: General
Companies: Frontier Communications
Countries: United States
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