Frontier Communications Prices Offerings of $750 Million of Common Stock and $1.750 Billion of Mandatory Convertible Preferred Stock

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STAMFORD, Conn.--(BUSINESS WIRE)--Frontier Communications Corporation (NASDAQ:FTR) announced today that it has priced its previously announced registered offerings of $750 million of common stock, par value $0.25 per share, at a public offering price of $5.00 per share, and $1.750 billion of 11.125% Mandatory Convertible Preferred Stock, Series A, par value $0.01 per share (the “Mandatory Convertible Preferred Stock”), at a public offering price of $100.00 per share. Pursuant to the offerings,

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