It consists of $530 million 6.3% Series 2024-1, Class A-2 term notes, $73 million 7.1% Series 2024-1, Class B term notes and $147 million 11.4% Series 2024-1, Class C term notes, each with an anticipated repayment date in May 2031.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/28/2024 | Strong Buy → Mkt Perform | Raymond James | |
| 10/8/2024 | Buy → Hold | TD Cowen | |
| 9/30/2024 | Outperform → Peer Perform | Wolfe Research | |
| 9/17/2024 | $35.00 → $38.50 | Overweight → Neutral | JP Morgan |
| 7/18/2024 | $33.00 | Buy | UBS |
| 7/1/2024 | $29.00 | Buy | Goldman |
| 4/15/2024 | $28.00 → $30.00 | Neutral → Buy | Citigroup |
| 4/9/2024 | $30.00 | Buy | BofA Securities |
Frontier Communications Parent, Inc. (NASDAQ:FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") today announced it will report its third-quarter 2024 financial results after the market closes on Tuesday, November 5, 2024. Pending Acquisition by Verizon As previously announced, on September 4, 2024, Verizon Communications Inc. ("Verizon") and Frontier Communications Parent, Inc. entered into a definitive agreement for Verizon to acquire Frontier (the "transaction"). Due to the pending transaction, Frontier will not host a conference call to review the third quarter or provide a financial outlook. About Frontier Frontier (NASDAQ:FYBR) is the largest
Verizon's All-Cash Offer of $38.50 per Share Provides Highly Attractive Value to Frontier Stockholders Frontier's Board of Directors Strongly Recommends Stockholders Vote "FOR" the Proposed Acquisition by Verizon Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") today posted on its investor relations website and filed with the Securities and Exchange Commission an investor presentation detailing the significant value the proposed acquisition by Verizon Communications Inc. ((NYSE, NASDAQ:VZ) ("Verizon") creates for Frontier stockholders. The investor presentation is available on Frontier's Investor Relations website. Highlights from the presentation include: Verizon's best
Will Vote Against Verizon Transaction at Current Price as it Significantly Undervalues Frontier's Assets and Earnings Trajectory Frontier's Board Relied on Fundamentally Flawed DCF and Peer Analysis Believes Frontier's Enterprise Value is at Least $26 Billion, 30% Higher than the Current $20 Billion Enterprise Value Ascribed from the Verizon Transaction Urges Extension of Record Date and Date of Special Meeting of Stockholders LOS ANGELES, Oct. 23, 2024 /PRNewswire/ -- Glendon Capital Management LP ("Glendon"), a private investment firm which is one of the largest shareholders of Frontier Communications Parent, Inc. ("Frontier" or the "Company") (NASDAQ:FYBR), owning nearly 10% of the outsta
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
Raymond James downgraded Frontier Communications Parent from Strong Buy to Mkt Perform
TD Cowen downgraded Frontier Communications Parent from Buy to Hold
Wolfe Research downgraded Frontier Communications Parent from Outperform to Peer Perform
Frontier Communications Parent, Inc. (NASDAQ:FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") today announced it will report its third-quarter 2024 financial results after the market closes on Tuesday, November 5, 2024. Pending Acquisition by Verizon As previously announced, on September 4, 2024, Verizon Communications Inc. ("Verizon") and Frontier Communications Parent, Inc. entered into a definitive agreement for Verizon to acquire Frontier (the "transaction"). Due to the pending transaction, Frontier will not host a conference call to review the third quarter or provide a financial outlook. About Frontier Frontier (NASDAQ:FYBR) is the largest
DARIEN, Conn., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Carronade Capital, an alternative asset management firm, which beneficially owns approximately 2,000,000 shares of Frontier Communications Parent, Inc. (NASDAQ:FYBR) today released a letter to fellow Frontier shareholders. The full text of the letter is below: October 21, 2024 Dear Fellow Frontier Shareholder: Carronade Capital Management, LP ("Carronade" or "we" or "us") is a registered investment manager with approximately $2 billion in assets under management. Funds managed by Carronade beneficially own approximately 2,000,000 shares of Frontier Communications Parent, Inc. ("Frontier" or "Company"). Put plainly, we believe that the cu
Key Highlights: Increases scale with 2.2 million fiber subscribers and will extend Verizon's network reach to 25 million premises across 31 states and Washington, D.C.Transaction valued at $20 billion, expected to be accretive to revenue and Adjusted EBITDA growth upon closingVerizon reaffirms full-year 2024 guidanceProjected to generate at least $500 million in annual run-rate cost synergiesVerizon to host investor conference call today at 8:00 AM Eastern Time NEW YORK and DALLAS, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. ((NYSE, NASDAQ:VZ) and Frontier Communications Parent, Inc. (NASDAQ:FYBR) today announced they have entered into a definitive agreement for Verizo
Starboard Value LP (together with its affiliates, "Starboard" or "we") is the largest shareholder of Algonquin Power & Utilities Corp. (NYSE:AQN) (TSE: AQN) ("Algonquin" or the "Company") with an ownership stake of approximately 9.0%. Today, Starboard announced that it has nominated three highly qualified candidates (the "Starboard Nominees") for election to the Company's Board of Directors (the "Board") at the 2024 Annual General Meeting of Shareholders (the "Annual Meeting"), which has been scheduled for June 4, 2024. The Starboard Nominees are Brett Carter, Chris Lopez and Rob Schriesheim. In connection with its nominations, Starboard sent the below letter to the members of the Board.
Provides Value Creation Update Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier" or the "Company") today announced the appointment of Woody Young to its Board of Directors, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240205071834/en/Mr. Woody Young (Photo: Business Wire) Mr. Young is the former Chairman of Mergers and Acquisitions at Perella Weinberg Partners, where he also led the firm's U.S. telecommunications and media advisory businesses. He previously served as the Co-Head of Global Telecommunications, Media, and Technology at Lazard. "We are delighted to welcome Woody Young to Fro
Newmark's technology platform will further streamline Frontier's operations and drive efficiencies Frontier (NASDAQ:FYBR): TL;DR – The Byte-Size Download: Happening: Today, Frontier (NASDAQ:FYBR) announced it appointed Newmark, a world leader in commercial real estate, to manage its real-estate portfolio. Newmark's leading-edge, real-estate technology platform, Newlitic, and market expertise will help Frontier further streamline operations and identify cost savings opportunities. Why it Matters: Frontier's real-estate portfolio is made up of thousands of properties, including leased, owned and specialized network facilities, across 25 states. The entire portfolio will now be managed
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
SC 13D/A - Frontier Communications Parent, Inc. (0000020520) (Subject)
SC 13D - Frontier Communications Parent, Inc. (0000020520) (Subject)
SC 13D/A - Frontier Communications Parent, Inc. (0000020520) (Subject)
In the latest quarter, 4 analysts provided ratings for Frontier Communications (NASDAQ:FYBR), showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 0 0 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $33.25, a high estimate of $39.00, and a low estimate of $29.00. Highlighting a 6.34% decrease, the curren
UBS analyst Batya Levi initiates coverage on Frontier Communications (NASDAQ:FYBR) with a Buy rating and announces Price Target of $33.
Company will bring fast, reliable connectivity to homes and businesses across MichiganFrontier Communications Parent, Inc. (NASDAQ:FYBR):What Happened? Frontier (NASDAQ:FYBR) received $15M in grant funding to expand high-speed fiber broadband service to homes and businesses across Michigan. The grant was awarded by Realizing Opportunity with Broadband Infrastructure Networks (ROBIN).
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DEFA14A - Frontier Communications Parent, Inc. (0000020520) (Filer)
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