Frontier Communications Corp, founded in 1935 and headquartered in Norwalk, Connecticut, is a prominent telecommunications provider dedicated to delivering high-speed internet, digital television, and voice services primarily to rural areas across the United States. The company focuses on enhancing connectivity and providing solutions for both residential and business customers, striving to bridge the digital divide in underserved regions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FYBR 5.00% 2028-05-01 USDFrontier Communications Corp | United States | 2028-05-01 | 5.000 | 4.96 |
| FYBR 5.00% 2028-05-01 USDFrontier Communications Corp | United States | 2028-05-01 | 5.000 | 4.94 |
| FYBR 5.88% 2027-10-15 USDFrontier Communications Corp | United States | 2027-10-15 | 5.875 | 5.84 |
| FYBR 5.88% 2027-10-15 USDFrontier Communications Corp | United States | 2027-10-15 | 5.875 | 5.82 |
| FYBR 6.75% 2027-05-15 USDFrontier Communications Corp | United States | 2027-05-15 | 6.750 | 4.48 |
| FYBR 6.75% 2029-05-01 USDFrontier Communications Corp | United States | 2029-05-01 | 6.750 | 6.61 |
| FYBR 6.75% 2029-05-01 USDFrontier Communications Corp | United States | 2029-05-01 | 6.750 | 6.60 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Frontier began issuing bonds in the early 2000s to finance its expansion and acquisitions. Notably, in 2014, the company issued a significant $10.5 billion in bonds to support its acquisition of Verizon’s wireline assets, marking a pivotal moment in its corporate history. The current yields on its bonds, while higher than the industry average, reflect the risk perceived by investors due to past financial restructuring efforts. Frontier's bonds feature certain covenants aimed at investor protection, and recent news suggests a renewed focus on rebuilding investor confidence amid ongoing operational improvements.