News
10 October 2024

Verizon lines up bridge loan for $10bn Frontier acquisition

In:
Telecoms and Communications
Region:
Americas

Verizon Communications has lined up $10 billion of short-term bank funding to help fund its purchase of Frontier Communications Parent Inc.Morgan Stanley is leading a group of banks on the committed bridge financing. Verizon said last month that it aimed to close the acquisition within about 18...

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