Media Contact:
Michelle Murray
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com

Legal News

Cahill Represents Underwriters in Equity Offerings for Frontier Communications

Date: 06/10/15

Cahill represented J.P. Morgan, BofA Merrill Lynch, and Citigroup as joint book-running managers and the co-managers in connection with the offering of 17,500,000 shares of 11.125% Mandatory Convertible Preferred Stock, Series A, by Frontier Communications Corporation (NASDAQ: FTRPR), resulting in gross proceeds of $1,750,000,000. Proceeds from the offering are expected to be used in connection with the pending acquisition of Verizon’s wireline business and statewide fiber networks that provide services to residential, commercial and wholesale customers in California, Texas and Florida, along with certain of Verizon’s FiOS customers in those states.

Cahill also represented J.P. Morgan, BofA Merrill Lynch, and Citigroup as joint book-running managers and the co-managers in connection with the offering of 150,000,000 shares of common stock by Frontier Communications, resulting in gross proceeds of $750,000,000. Proceeds are also expected to be used in connection with the acquisition described above. 

Media Contact:
Michelle Murray
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com