logo
Share SHARE
FONT-SIZE Plus   Neg

Fitch Ratings Affirms Frontier Communications' IDR At 'BB+'

Fitch Ratings said that it has affirmed Frontier Communications Corp.'s (FTR: Quote) Issuer Default Rating or IDR at 'BB+'; Senior unsecured $750 million revolving credit facility due 2014 at 'BB+'; Senior unsecured notes and debentures at 'BB+'. The Rating Outlook is Stable.

Fitch Ratings noted that it affirmed Frontier North Inc's IDR at 'BB+'; $200 million unsecured notes due 2028 at 'BBB-'.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
International Business Machines Corp. said Monday after the markets closed that its first quarter profit fell 2.4% from last year, as improved margins could not offset a 12% decrease in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Norway is all set to shut down FM radio in 2017, Radio.no reported. The Nordic country will be the first to scrap as it plans a shift to Digital Audio Broadcasting. The trailer of Star Wars: The Force Awakens, the latest installment from epic space film franchisee created by George Lucas, has sent both fans and Disney investors into a frenzy. Walt Disney Co.'s (DIS) market capitalization, which now owns the Star Wars franchisee, was boosted by about $2 billion...
comments powered by Disqus
Follow RTT