---
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"
generated_at: "2026-05-16T12:39:21.391209+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Frontier fully draws $150M Verizon convertible note, secures $750M term loan, accelerates exec pay

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-25-046200
- form_type: 8-K
- cik: 0000020520
- company_name: Frontier Communications Parent, Inc.
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02, 5.02, 8.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-046200
- JSON: https://secwatch.observer/filing/0001140361-25-046200.json
- Plain text: https://secwatch.observer/filing/0001140361-25-046200.txt

## Key facts
- Equity Issuances
  Frontier Communications Parent, Inc. issued convertible note to Verizon Communications Inc. for maximum initial principal amount of credit of up to $200 million.
  - Security: convertible note
  - Purchaser: Verizon Communications Inc.
  - Consideration: maximum initial principal amount of credit of up to $200 million
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/20520/000114036125046200/0001140361-25-046200-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.