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) 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
Dairy giant Saputo Inc. is voluntarily recalling certain Gouda cheese products in the U.S. due to potential listeria contamination. Saputo said one of its suppliers, Deutsch Kase Haus, LLC of Middlebury, Indiana, notified the company that some specialty Gouda cheese products that it supplied to Saputo's Green Bay, Wisconsin facility may have been contaminated with Listeria monocytogenes. Amazon is exploring the possibility of using parachutes to drop drone-delivered packages. The e-commerce giant has been granted a patent titled, "Maneuvering a package following in-flight release from an unmanned aerial vehicle". U.S. food maker Kraft Heinz Co. (KHC) Friday confirmed that it has made a comprehensive proposal to Anglo-Dutch consumer goods company Unilever Plc or Unilever NV. The cash and stock offer values $143 billion. Further, Kraft Heinz noted that Unilever has declined the proposal, however it go ahead...
comments powered by Disqus
Follow RTT