Frontier Communications Completes $750 Million Fiber Securitization Offering and Publishes 2023 Sustainability Report
Frontier Communications Parent, Inc. (NASDAQ: FYBR) recently announced the successful closure of its second fiber securitization notes offering, amounting to $750 million. This transaction highlights the long-term value of Frontiers fiber assets and its ability to access investment grade capital efficiently. In less than a year, the company has completed two significant securitization offerings, demonstrating the worth of its fiber assets.
Frontier Communications has also released its 2023 Sustainability Report, reflecting the progress made in achieving its sustainability goals while advancing its purpose of building Gigabit America. The company strongly believes in sustainability and embeds it in all aspects of its operations. Guided by its purpose of building the digital infrastructure needed for the country’s prosperity, Frontier is committed to connecting more individuals to the opportunities of the digital age.
In addition to these developments, Frontier Communications has launched its Good to Go ad campaign, emphasizing the benefits of fiber internet. This campaign aims to address the growing demand for high-speed and reliable internet connections that can cater to increasing data needs. As the leading pure-play fiber provider in the United States, Frontier aims to highlight the superiority of its 100% fiber technology in meeting these demands.
With the completion of its fiber securitization offering, the publication of its sustainability report, and the launch of its Good to Go campaign, Frontier Communications seeks to reinforce its position as a reliable and forward-thinking provider of fiber internet services.
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