Frontier Notes Hit New Lows as Investors Anticipate Possible Restructuring Plan

Frontier Communications is facing significant financial challenges, with plans to reduce $17 billion in debt. The company is in talks with bondholders about restructuring, as its bonds have lost half their value over the past year. This debt stems from past acquisitions that have not integrated well. Frontier may need to file for Chapter 11 bankruptcy if no agreement is reached. Despite this, the company generates free cash flow, but its sustainability is in question due to shrinking operations.

What is Frontier Communications planning to do to address its debt situation?

• Increase its debt

• Present a detailed plan to reduce debt

• Acquire more companies

• Sell off its assets

What has happened to Frontier's bonds that mature in 2022?

• They have been sold off

• They have remained stable

• They have lost half of their value

• They have gained value

What is one of the main reasons for Frontier's financial struggles?

• Lack of market presence

• High employee turnover

• Successful acquisitions

• Poor integration of past acquisitions

What might Frontier have to do if it cannot reach an agreement with creditors?

• Increase its workforce

• File for Chapter 11 bankruptcy

• Expand its services

• Invest in new technology

Despite its debt issues, what does Frontier still manage to generate?

• New product lines

• High profits

• Free cash flow

• Increased market share