Frontier increases revolver by $275 million to $900 million

By Rebecca Melvin

Concord, N.H., May 10 – Frontier Communications Holdings LLC announced an increase to its senior secured first lien revolving credit facility by an additional $275 million, to a total of $900 million in total principal amount of revolving commitments.

The revolving facility was also amended to reflect SOFR based interest rates, including a customary credit spread adjustment, according to a company press release.

Frontier Communications is a Norwalk, Conn.-based telecommunications company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.