Home › Frontier asks creditors to craft turnaround, bankruptcy plan by mid-March - report
 

Keywords :   


Frontier asks creditors to craft turnaround, bankruptcy plan by mid-March - report

2020-01-20 15:04:00| Telecompaper Headlines

(Telecompaper) Frontier Communications has asked its creditors to put together a turnaround plan by mid-March that would include filing for bankruptcy, the Seattle Times reported, citing sources familiar with the matter. New CEO Bernie Han and other executives have met with creditors and advisers and told them the company wants to negotiate a pre-packaged agreement before USD 356 million of debt payments come due on 15 March. The meeting was private.

Tags: report plan craft bankruptcy

Category:Telecommunications

Latest from this category

All news
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
28.11Modern IT Service Management is Transforming Managed Services. Heres how. (Part 1)
25.11Is Your AI Operation Achieving Long-Term, Sustainable Growth?
Telecommunications »
05.12Spain investigating if African swine fever virus came from a lab
05.12Mammary gland receptors indicate other livestock prone to H5N1
05.12Disruption as flights resume at Edinburgh Airport after outage
05.12Martin Lewis on what people misunderstand about credit scores
05.12Martin Lewis on what people misunderstand about credit scores
05.12USMCA hearings highlight deep agricultural divides
05.12Elon Musk's X fined 120m over 'deceptive' blue ticks
05.12EACR Inc Allentown Expands Commercial Solar Panel Recycling Services Across the East Coast
More »