Last Friday, Frontier Communications (FTR) disclosed to all investors its proposed restructuring plan, in a 200-page 8-K filing.
FTR's Proposed Restructuring Term Sheet had already been shared and discussed with two bondholders' ad hoc committees (the "NDA Parties"), led by Milbank and Akin, respectively.
The filing also contains some preliminary estimates of Frontier's results for 2019, and a deep analysis of its past business performance and future prospectives.
The purpose of this article is to resume some key parts of FTR restructuring plan that may be of interest to existing shareholders and