Frontier taps into more fiber assets to raise $750M
- Lightreading.com
- Jun 23, 2024
- 1 min read
Updated: Jun 25, 2024
"Frontier's $750 million fiber securitization offering will be used to pay down its term loan and may help with fiber expansion and copper migration.
Frontier intends to raise $750 million by securitizing fiber assets and associated contracts in North Texas. Frontier will use the funds to help repay debt and possibly for investments, fiber expansion and copper migrations."