{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-041306","form_type":"8-K","ticker":null,"cik":"0000020520","company_name":"Frontier Communications Parent, Inc.","filed_at":"2023-08-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.184459+00:00","generated_at":"2026-06-11T03:44:02.405599+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Frontier establishes $500M fiber securitization facility; no initial draw","bullets":["Up to $500M in Series 2023-2 secured fiber network revenue variable funding notes issued by Frontier Issuer LLC (subsidiary of Frontier Communications).","No amount drawn as of August 24, 2023 closing date.","Anticipated repayment date July 2026, with two optional one-year extensions; 5.0% additional interest after that date.","Facility is part of previously announced fiber securitization offering, governed by Class A-1 Note Purchase Agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-041306","json":"https://secwatch.observer/filing/0001140361-23-041306.json","markdown":"https://secwatch.observer/filing/0001140361-23-041306.md","text":"https://secwatch.observer/filing/0001140361-23-041306.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20520/000114036123041306/0001140361-23-041306-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20520/000114036123041306/brhc20058016_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T03:44:02.405599+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"31d9a6232131811de9fcf334108633929deefb4c","claim":"Frontier Communications Parent, Inc. incurred senior notes of up to $500 million with Barclays Bank plc maturing July 2026.","evidence_excerpt":"In connection with its previously announced fiber securitization offering, Frontier Issuer LLC (the “ Issuer ”), a limited-purpose, bankruptcy remote, wholly owned indirect subsidiary of Frontier Communications Parent, Inc., entered into a financing facility for the issuance of up to $500 million in Series 2023-2 Secured Fiber Network Revenue Variable Funding Senior Notes, Class A-1 (the “ Variable Funding Notes ”) on August 24, 2023 (the “ VFN Closing Date ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/20520/000114036123041306/0001140361-23-041306-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"up to $500 million"},{"label":"Counterparty","value":"Barclays Bank plc"},{"label":"Maturity","value":"July 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"f679d423f4e319bf4f87a06b6cde5e4aa2875456","claim":"Frontier Communications Parent, Inc. entered into Series 2023-2 Supplement and Variable Funding Note Purchase Agreement with Citibank, N.A., Barclays Bank plc valued at Up to $500 million in Series 2023-2 Secured Fiber Network Revenue Variable Funding Senior Notes, Cla (effective 2023-08-24).","evidence_excerpt":"In connection with its previously announced fiber securitization offering, Frontier Issuer LLC (the “ Issuer ”), a limited-purpose, bankruptcy remote, wholly owned indirect subsidiary of Frontier Communications Parent, Inc., entered into a financing facility for the issuance of up to $500 million in Series 2023-2 Secured Fiber Network Revenue Variable Funding Senior Notes, Class A-1 (the “ Variable Funding Notes ”) on August 24, 2023 (the “ VFN Closing Date ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/20520/000114036123041306/0001140361-23-041306-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Citibank, N.A., Barclays Bank plc"},{"label":"Value","value":"Up to $500 million in Series 2023-2 Secured Fiber Network Revenue Variable Funding Senior Notes, Cla"},{"label":"Effective","value":"2023-08-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}