Frontier Communications Announces Debt Repayment


Frontier Communications Announces Debt Repayment

STAMFORD, Conn.--(BUSINESS WIRE)-- Frontier Communications Corporation (NAS: FTR) announced today that on January 15, 2013 it repaid its 6.25% Senior Notes due January 15, 2013 of $502.7 million. The repayment was made with cash available on hand. John M. Jureller, the Company's Executive Vice President and Chief Financial Officer-Elect, who joined Frontier earlier this month, commented that "the Company also remains committed to de-leveraging its balance sheet and is always looking at opportunistic situations to make debt repurchases and reduce leverage from its available cash balances and its on-going operating free cash flow."

About Frontier Communications

Frontier Communications Corporation (NAS: FTR) , is an S&P 500 company and is included in the FORTUNE 500 list of America's largest corporations. Frontier offers broadband, voice, satellite video, wireless Internet data access, data security solutions, bundled offerings and specialized bundles for residential customers, small businesses and home offices and medium and large businesses in 27 states. Frontier's approximately 15,250 employees are based entirely in the United States. More information is available at

Frontier Communications Corporation
Robert W. Starr, 203-614-5708
Senior Vice President and Treasurer
Brigid Smith, 203-614-5042
AVP, Corp. Comm.

KEYWORDS: United States North America Connecticut


The article Frontier Communications Announces Debt Repayment originally appeared on

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.