NORWALK, Conn.--(BUSINESS WIRE)--Frontier Communications Corporation (NASDAQ:FTR) announced today that it has entered into a new $1.5 billion senior secured delayed-draw term loan facility. The loan will be drawn upon the closing of Frontier’s acquisition of Verizon Communications Inc.’s wireline operations in California, Florida and Texas, which is expected at the end of March 2016. Frontier completed the equity portion of its financing plan for this acquisition with a $2.75 billion dual-tranc
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