{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-046200","form_type":"8-K","ticker":null,"cik":"0000020520","company_name":"Frontier Communications Parent, Inc.","filed_at":"2025-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.477076+00:00","generated_at":"2026-05-16T12:39:21.391209+00:00","sec_items":["3.02","5.02","8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Frontier fully draws $150M Verizon convertible note, secures $750M term loan, accelerates exec pay","bullets":["On Dec 19, Frontier drew remaining $150M under Verizon convertible note (total $200M), bearing SOFR+0.87%, due Aug 2028.","Subsidiary entered $750M incremental term loan facility from Barclays, subject to customary conditions.","Credit agreement amended to increase term loan prepayment exception from $135M to $830M.","Comp committee accelerated 2025 bonuses and RSU/PSU vesting for three executives to Dec 2025 to mitigate 280G tax; Jeffery receives $3.64M and 282k shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-046200","json":"https://secwatch.observer/filing/0001140361-25-046200.json","markdown":"https://secwatch.observer/filing/0001140361-25-046200.md","text":"https://secwatch.observer/filing/0001140361-25-046200.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20520/000114036125046200/0001140361-25-046200-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20520/000114036125046200/ef20061604_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:39:21.391209+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":"f5ba0e302196cfeedefe9efb9ebf2d8748070a1a","claim":"Frontier Communications Parent, Inc. issued convertible note to Verizon Communications Inc. for maximum initial principal amount of credit of up to $200 million.","evidence_excerpt":"on August 27, 2025, Frontier Communications Parent, Inc. (the “ Company ”), Frontier Communications Holdings, LLC (“ Frontier Holdings ”) and Verizon Communications Inc. (“ Verizon ”) entered into a Convertible Unsecured Promissory Note (the “ Convertible Note ”) pursuant to which Verizon agreed to extend a maximum initial principal amount of credit of up to $200 million to Frontier Holdings, with $50 million drawn by Frontier Holdings at issuance","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/20520/000114036125046200/0001140361-25-046200-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"convertible note"},{"label":"Purchaser","value":"Verizon Communications Inc."},{"label":"Consideration","value":"maximum initial principal amount of credit of up to $200 million"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}