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
11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
04.12AI Revolution in Service Management Features Intelligent Operations and Continuous Innovation (Part 2)
Telecommunications »
15.12Mexico agrees to meet water treaty obligations
15.12Spain confirms 3 more wild boar deaths from African swine fever
15.12What to delete from your emails to be taken more seriously at work
15.12Austrias Deposit Return Scheme Enters Its Next Phase as EWP and Sensoneo Drive System Innovation
15.12CDE and Enva Partnership Paves the Way for Sustainable Waste Management
15.12Europe is Missing Out on the Energy Security Potential of its Waste and NATO Wants it Unlocked
15.12U.S. pork thrives in Mexico; beef exports hit China roadblock
15.12U.S. pork thrives in Mexico; beef exports hit China roadblock
More »